Daily Dispatches

Indonesian court says detention of Newmont executives was illegal

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From Reuters
Wednesday, December 22, 2004

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7165399

DENVER -- Newmont Mining Corp. said on Wednesday its gold operations
in Indonesia had released mercury but the toxic emissions were not at
levels harmful to people or the environment.

The statement from the world's biggest gold miner was the latest step

NYTimes: Newmont long knew about massive mercury pollution at Indonesia mine

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8:20p ET Thursday, December 23, 2004

Dear Friend of GATA and Gold:

Sprott Asset Management's chief investment
strategist, John Embry, went on Wednesday's
"Market Call" program on ROB-TV in Canada
-- also known as Radio Free America -- and
remarked, among other things, that anyone
who doesn't see that the gold market is
being manipulated by central banks trying
to deceive the world about inflation would

Newmont says emissions from Indonesian mine were not harmful

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By William Pesek Jr.
Bloomberg News Service
International Herald Tribune, Paris
Tuesday, December 21, 2004

http://www.iht.com/articles/2004/12/20/bloomberg/sxpesek.html

Being an American overseas these days can be a disorienting
experience. Virtually everyone you meet, it seems, wants to explain
why he or she is upset with the United States.

Having told IMF to drop dead, Argentina prospers

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From Reuters
Thursday, December 23, 2004

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh14503_2004-12-23_11-10-33_jak160713_newsml

JAKARTA -- An Indonesian court said on Thursday the detention of five
executives of a local unit of U.S. gold miner Newmont Mining Corp.
earlier this year was illegal.

John Embry on ROB-TV: Only grapefruits can''t see manipulation of gold price

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By Ted Butler
Tuesday, December 21, 2004

www.InvestmentRarities.com

I had lunch last month with a good friend, Pat, a successful investor
and businessman. He is avidly interested in silver, and owns a
substantial quantity. I like that he asks penetrating questions if he
thinks something I say may not be entirely correct.

Recently I mentioned to him that there was more gold above ground

Ted Butler: Don''t look now but the real gold is silver

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By Robert Schroder
CBSMarketWatch.com
Tuesday, December 21, 2004

http://cbs.marketwatch.com/news/story.asp?guid=%7B35A246BA%2D60C9%
2D4C7B%2D803E%2D89682C5A4CB4%7D&siteid=mktw&dist=

WASHINGTON -- Mortgage finance giant Fannie Mae
dismissed Chief Executive Officer Franklin Raines and
Chief Financial Officer Timothy Howard late Tuesday

Fannie Mae dismisses CEO and CFO in response to critical report by SEC

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11:42a ET Monday, December 20, 2004

Dear Friend of GATA and Gold:

GATA today distributed internationally by the
Business Wire service a press release about
efforts to remonetize silver in Mexico. The
release is appended. Please help us circulate it
around the Internet and to news organizations.

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

* * *

Mexico May Remonetize Silver, GATA Says

Bundesbank confirms that it will not be selling those 120 tonnes of gold

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Chinese Investors Take a Shine to Gold

By Lucy Hornby
Reuters
China Post, Taipei
Monday, December 20, 2004

http://www.chinapost.com.tw/business/detail.asp?GRP=E&id=55831

SHANGHAI -- It took the Caishikou department store just hours last
month to run out of gold bars stamped with a Year of the Rooster

Bundesbank president: I never wanted to sell gold -- honest!

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Bundesbank to Limit Gold Sales
to 8 Tons in 1st Year of Agreement

By Laura Humble
Bloomberg News Service
Monday, December 20, 2004

http://www.bloomberg.com/news/markets/commodities.html

LONDON -- Germany's Bundesbank, the world's second-biggest
gold holder, will sell less than 7 percent of the amount allowed
under a European accord, resisting calls to use bullion to help

GATA distributes international press release about remonetizing silver in Mexico

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Gold Rises as Bundesbank Says
It Won't Fulfill Gold Sales Quota

By Laura Humble
Bloomberg News Service
Monday, December 20, 2004

http://www.bloomberg.com/apps/news?
pid=10000082&sid=ayzkTUeJcnKc&refer=canada

LONDON -- Gold rose in London after the German
Bundesbank, the world's second-largest gold holder,
said it won't fulfill its option to sell 120 tons of

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