Daily Dispatches

11:14a ET Thursday, July 7, 2005

Dear Friend of GATA and Gold:

Here's a press release GATA distributed internationally
today to document the gold price-capping efforts of
European central banks. Please copy it to news
organizations in your area.

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

* * *

European Central Bank Gold Sales
Repeatedly Cap Price Around $440

By Ted Butler
InvestmentRarities.com
Tuesday, July 5, 2005

Sometimes it's downright eerie how reliable the commitment of
traders (COT) report can be in forecasting significant moves in the
gold and silver market. We've just experienced one of those
times.

The buildup in tech fund long positions and dealer short positions
in gold and silver created a clear high-risk situation that resulted

China Tells Congress To Back Off Businesses;
Tensions Heightened by Bid to Purchase Unocal

By Peter S. Goodman
Washington Post
Tuesday, July 5, 2005

http://www.washingtonpost.com/wp-
dyn/content/article/2005/07/04/AR2005070400551.html

SHANGHAI, July 4 -- The Chinese government on Monday sharply
criticized the United States for threatening to erect barriers aimed

1:10a ET Monday, July 4, 2005

Dear Friend of GATA and Gold:

You'll want to read "Silver's Breakdown or Bear Trap?"
by Gene Arensberg, just posted at Resource Investor,
not so much for its technical analysis of the silver
price -- for those who believe that the precious
metals markets are manipulated, technical analysis is
no more helpful than astrology -- as for its
acknowledgement of that manipulation, as manifested