Daily Dispatches

James Turk: An Open Letter to the Bullion Desk

Section:

5:30p ET Saturday, December 11, 2004

Dear Friend of GATA and Gold:

Here's a report from the heart of the developing
world -- Nigeria -- that is encouraging and
touching. Encouraging, because it shows that
the government is just beginning to sense how
the country is being ripped off by the imperial
currency, the dollar; touching, because it shows
the struggle of people who are trying to make

How the gold ETF might be used to smash gold and the mining shares

Section:

11:34p ET Friday, December 10, 2004

Dear Friend of GATA and Gold:

The Northern Miner's December 10-16 issue
has a meaty interview with veteran gold
investor and mining company executive Jim
Sinclair, proprietor of www.JSMineset.com,
who comments on the relationship between
gold and the dollar, their futures, the
manipulation of the gold price, and
international affairs. You can find it in

Nigeria contemplates doing business in currencies other than the dollar

Section:

12:42p ET Saturday, December 11, 2004

Dear Friend of GATA and Gold:

In an essay that could use a little more copyediting
at 321Gold, Julian D.W. Phillips of Gold-Authentic
Money waxes rhapsodic about the World Gold Council's
new exchange-traded bullion fund. The essay is titled
"The streetTRACKS Gold Trust" and you can find it
here:

http://www.321gold.com/editorials/phillips/phillips121304.html

China denies reducing U.S. dollar reserves

Section:

12:32p ET Friday, December 10, 2004

Dear Friend of GATA and Gold:

MineWeb's Dorothy Kosich reports today on yesterday's
remarks to the Northwest Mining Association in Seattle
by an economist for the U.S. Commodity Futures
Trading Commission, who insisted that the silver market
is not manipulated. If only the meeting had included a
panel discussion with silver market analyst Ted Butler
or ANYONE capable of asking a pointed question or

In the furnace of Hell, you''ll do better with metal than with paper

Section:

By Bill Bonner
Friday, December 10, 2004

www.DailyReckoning.com

Mr. James Surowiecki wrote a wise and moronic piece
on gold in The New Yorker. His wisdom is centered on
the insight that neither gold nor paper money are true
wealth but only relative measures, subject to adjustment.

"Gold or not, we're always just running on air," he wrote.
"You can't be rich unless everyone agrees you're rich."

CFTC economist tells mining group that silver market is not manipulated

Section:

By David Elliott
Dow Jones Newswires
Friday, December 10, 2004

http://money.iwon.com/jsp/nw/nwdt_rt.jsp?section=news&news_id=dji-
00058920041210&feed=dji&date=20041210&cat=INDUSTRY

LONDON -- Gold bars held by the StreetTRACKS
gold-backed exchange- traded fund may be
stamped with the same number but such a move

Bill Bonner: A goldbug''s life is always to deny that there''s a free lunch

Section:

By The Associated Press
Friday, December 10. 2004

http://www.forbes.com/business/businesstech/feeds/ap/2004/12/10/ap1703
982.html

The agency that maintains China's US$540 billion
in foreign reserves denied Friday that it has
reduced its holdings of U.S. dollar-denominated
assets, rejecting what it said were unfounded

The Northern Miner interviews Jim Sinclair

Section:

From The Daily Reckoning
Friday, December 10, 2004

www.DailyReckoning.com

The price of gold got hit, as the technical analysts
thought it would. We thought it might too ... but
only because it had run quite a bit without taking
a breather.

Does it mean the bull market in gold is over? Is it
time to sell -- taking advantage of the 40 percent
gain since George W. Bush took over the White

Refiner says duplicate numbers on its gold bars are normal

Section:

10:43p ET Thursday, December 9, 2004

Dear Friend of GATA and Gold:

Tim W. Wood of the Cycles News & Views
newsletter writes at CBSMarketWatch that
gold has topped and should be sold on
account of its awful failure to keep pace
with the CRB Index of commodity prices as
gold did 25 years ago. Too bad that Wood
doesn't delve a bit into that anomaly and
consider whether the difference between

Bullion Desk and 321Gold refuse to post reply to ''open letter''

Section:

10:42p ET Wednesday, December 8, 2004

Dear Friend of GATA and Gold:

TheBullionDesk.com today more or less accused
GATA of causing today's smashing of the gold
price. The accusation came in a brief market
note by the site's proprietor, Ross Norman,
suggesting that the World Gold Council's new
exchange-traded bullion fund had been forced
on Tuesday to sell 15 percent of its gold
holdings on account of "a foul attempt by a

Syndicate content