Daily Dispatches

12:33a ET Sunday, May 28, 2005

Dear Friend of GATA and Gold:

Sprott Asset Management's chief investment strategist,
John Embry, got an hour on Canada's Report on
Business Television last Thursday and in the opening
few minutes called Canada's attention to the recent
explosion in gold derivatives as reported by the Bank
for International Settlements. This, Embry said, is
powerful evidence of intervention against gold but,

UK FSA to Fine Citigroup
for Bond Trade Control Failure

By Alistair MacDonald and Dhara Ranasinghe
Reuters
Friday, May 27, 2005

http://www.reuters.com/financeNewsArticle.jhtml?
type=bondsNews&storyID=8630141

LONDON -- Britain's Financial Services Authority (FSA) will not
charge Citigroup with market manipulation for a controversial

By Ted Butler
InvestmentRarities.com
Tuesday, May 24, 2005

The most recent commitment of traders (COT) report confirmed the
continued powerfully bullish market structure in COMEX silver. For
three weeks running the dealers have maintained their lowest net
short position in years as the tech funds have abandoned the long
side and have rushed to the short side in silver. As such, the
downside remains limited and the upside wide open.

12:26a ET Tuesday, May 24, 2005

Dear Friend of GATA and Gold:

What, the poet asked rhetorically, is lovelier than
a day in June?

How about a couple of days in June in Vancouver,
British Columbia, Canada, with GATA Director
Ed Steer's daughter, Kathy, staffing the GATA
booth at the World Gold, Platinum Group Metals,
and Diamond Conference?

Beat that, Greenspan and Trichet!

The conference will be held Sunday and Monday,