Daily Dispatches

Market rigging eases, dollar under 108 yen; dollar oil price tops in 13 years

Section:

5:25p ET Wednesday, March 17, 2004

Dear Friend of GATA and Gold:

Please ignore the previous dispatch, "Notify
about your e-mail account utilization,"
another malfunction at Yahoo!Groups.

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

----------------------------------------------------

To subscribe to GATA's dispatches, send an e-mail to:

gata-subscribe@yahoogroups.com

Currency intervention works only in short term, Japanese diplomat says

Section:

Bank of Japan report sinks dollar vs. yen

By Gertrude Chavez
Reuters
Tuesday, March 16, 2004

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=4579962

NEW YORK -- The dollar plummeted against the yen on
Tuesday, reeling from a report late in the previous session
that Tokyo could halt selling yen for dollars by the end of

Silver miners can bust the price suppression by converting cash to metal

Section:

3:52p ET Tuesday, March 16, 2004

Dear Friend of GATA and Gold:

The Freemarket Gold & Money report has published
an essay by its editor, James Turk, proprietor
of GoldMoney.com and consultant to GATA, "Eight
Reasons to Ignore the New Central Bank Gold
Agreement," and the essay has been posted in the
clear at GoldSeek.com here:

http://news.goldseek.com/JamesTurk/1079456373.php

Insight magazine asks: Is silver scandal on the horizon?

Section:

9:35p ET Monday, March 15, 2004

Dear Friend of GATA and Gold:

Please ignore the previous message, "Notify
about your e-mail account utilization,"
another malfunction at Yahoo!Groups.

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

----------------------------------------------------

To subscribe to GATA's dispatches, send an e-mail to:

gata-subscribe@yahoogroups.com

Dollar sinks on suspicions that Japanese intervention may be ending

Section:

Patient Fed leaves rates unchanged

http://www.reuters.com/newsArticle.jhtml;jsessionid=IYHVPV4SCUQPUCRBAE
LCFFA?type=businessNews&storyID=4580809&section=news

By Glenn Somerville
Reuters
Tuesday, March 16, 2004

WASHINGTON -- The U.S. Federal Reserve opted on Tuesday to
keep interest rates at 1958 lows and signaled it was in no

James Turk''s ''Eight Reasons to Ignore the New Central Bank Gold Agreement''

Section:

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=4581018

WASHINGTON, March 16 (Reuters) -- Foreign exchange
intervention can be a useful short-term policy tool but
cannot truly manipulate the world's three major currencies
because of vast global capital flows, Japan's top financial
diplomat said on Tuesday.

A surge in institutional investor interest in Durban Deep

Section:

By Theodore Butler
March 16, 2004

Last week the state copper mining company of Chile,
Codelco, made an extraordinary announcement. Actually,
an extraordinary announcement was also made last year,
when Codelco first decided to withhold 200,000 tons of
its roughly 1.2 million-ton annual copper production
until world copper inventories declined from excessive
levels and prices recovered from then-depressed levels

Fed in no hurry to raise interest rates amid so little job creation

Section:

3p ET Tuesday, March 16, 2004

Dear Friend of GATA and Gold:

Insight magazine, a division of The Washington
Times, today published a wonderful examination
of GATA consultant Ted Butler's exhaustive
exposure of the manipulation of the silver
market. The examination comes in an article by
the magazine's staff writer, Kelly Patricia
O'Meara, and it shows how Butler's agitation,
lately aided by the GATA army, is having an

Metals shares fall even as gold nears $400 again; analyst sees $433 in May

Section:

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=4571061

NEW YORK, March 15 (Reuters) -- The Bank of Japan
is mulling ending its massive yen-selling interventions
in the currency market by the end of March, the Nihon
Keizai Shimbun reported from Tokyo in its early
Tuesday edition.

"Some central bank officials predict that it will walk away

Japan considers ending currency intervention; U.S. Treasury won''t comment

Section:

If Newmont merged with Barrick ...
What-if scenario

David Berman
Financial Post (National Post), Canada
Thursday, March 11, 2004

http://www.canada.com/national/nationalpost/search/story.html?
id=b7430594-9455-4711-93d4-1743d65620f2

In a what-if scenario that could make gold bugs drool
with excitement, an analyst at National Bank Financial

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