GATA improves its Internet site and dispatch system

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8:45p ET Sunday, July 9, 2006

Dear Friend of GATA and Gold:

GATA is improving its Internet site -- GATA.org -- and transferring its e-mail dispatch system there from YahooGroups. This will give us more control over our work and will organize it better, putting our dispatch archive in the same place with everything else we have posted on the Internet. It also will hasten our dispatches to you.

Gold council acts again amid worldwide economic imbalances

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World Gold Council Selects the Lucky Winners
of Pan-Arab Gold Jewellery Design Contest

From AMEInfo, Dubai
Sunday, July 9, 2006

http://www.ameinfo.com/90941.html

The World Gold Council conducted a second judging
session of this year's Pan-Arab Gold Jewellery Design
contest where final winners were selected from the 30
finalists, reaffirming the rich and undeniable talent
of the Arab designers in the world.

GATA is cited in Dubai again, this time in silver market analysis

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Is Buying Silver As Good As Gold?

From AMEInfo, Dubai
Sunday, July 9, 2006

http://www.ameinfo.com/90934.html

Last week there were rumors that Dubai was trying to
corner the silver market like the legendary Hunt
Brothers in the 1970s. This latter episode culminated
in a $50-an-ounce blowoff in 1980 followed by a price
collapse that left these one-time multi-billionaires
bankrupt.

St. Louis paper's gold story quotes GATA backer Mike Kosares of Centennial

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Thank God SOMEBODY talked back to Peter Bernstein!

* * *

Those Following Gold's Glitter
Are Wagering on Bad Times

By Eric Heisler
St. Louis Post-Dispatch
Saturday, July 8, 2006

Throughout history, investors have gobbled up gold for one primary reason: To bet on catastrophe.

Since it became legal for Americans to own in 1975, gold has served as a buffer against inflation and a protection from bank failure.

James Turk: A commodity bull market update

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1:09p ET Saturday, July 8, 2006

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, has reviewed his chart of commodity prices and finds only evidence of strong inflation. Turk figures that commodity prices have another doubling ahead. His analysis, "A Commodity Bull Market Update," has been posted at Kitco here:

China believed to be acquiring gold slowly and secretly

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Chinese Reserve Diversification Buzz Grows Louder

By Alan Wheatley and Kevin Yao
Reuters
Thursday, July 6, 2006

http://today.reuters.com/news/newsArticle.aspx?type=reutersEdge&storyID=...

BEIJING -- The opening of an office in Shanghai to help manage China's foreign exchange reserves could accelerate its long-awaited diversification into assets such as gold and overseas equities, economists said on Tuesday.

Ted Butler: The road ahead

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11:47p ET Wednesday, July 5, 2006

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler reports that the U.S. Commodity Futures Trading Commission has taken action against manipulation in a market whose concentration is no worse than the concentration in the silver market -- propane. So when comes the action against the manipulation of the silver market? Butler doesn't advise holding your breath -- he advises some active complaining.

Arabian Business magazine cites GATA's work

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11p ET Wednesday, July 5, 2006

Dear Friend of GATA and Gold:

The essay appended here was published Sunday in the magazine Arabian Business, a regional publication based in Dubai, and incorporated research by Adrian Douglas, a gold market analyst and frequent contributor to GATA Chairman Bill Murphy's subscription Internet site, LeMetropoleCafe.com.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Gold shines on UAE's plan to switch out of dollars

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By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, July 4, 2006

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/07/04/cngold...

Gold has surged to a six-week high of $625 an ounce after the United Arab Emirates revealed plans to invest 10 percent of its foreign reserves in bullion, suggesting a strategic shift away from dollars by the oil-rich sheikdoms of the Gulf.

UAE central bank would buy dips in gold and euro

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From AMEInfo, Dubai
Monday, July 3, 2006

http://www.ameinfo.com/90460.html

The United Arab Emirates Central Bank governor this week gave his strongest hint yet that the emirates will shortly enter the gold market and also purchase euros as a diversification of the national currency reserves presently held in US dollars. With the US dollar ripe for devaluation this seems a timely initiative.