Daily Dispatches

NYTimes notices market manipulation study -- seven months later


By Andy Mukherjee
Bloomberg News Service
Monday, May 8, 2006


Li Yong, China's vice minister for finance, said he had heard
a "rumor" that the U.S. dollar was headed for a 25 percent drop. If
the gossip was true, the consequences would be "shocking," he said.

Gold market acts ''like someone big is trying to get in''


9:42p ET Tuesday, May 9, 2006

Dear Friend of GATA and Gold:

For the most concise and insightful explanation
of what's really happening with gold and what may
happen, watch ROB-TV's interview today with Jay
Taylor, editor of J. Taylor's Gold and Technology
Stocks newsletter (www.miningstocks.com). Taylor
addresses the years of suppression of the gold
price by central bank dishoarding and the short

A reply to The New York Times: Pursue the market-rigging issue


12:05a ET Tuesday, May 7, 2006

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's "Midas" commentary for
Monday, May 6, at LeMetropoleCafe.com has been
posted in the clear at GoldSeek and it's titled
"They Just Don't Get It."

Will they "get it" with gold $100 higher? Don't hold
your breath.

You can find the May 6 "Midas" here:


Gold rally similar yet ''more orderly'' than in 1980


12:23a ET Tuesday, May 9, 2006

Dear Friend of GATA and Gold:

GoldSeek Radio's Chris Waltzek has interviewed Tan
Range CEO and gold all-star Jim Sinclair, proprietor of
JSMineset.com, and you can listen to it via RealPlayer


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


Ted Butler''s best yet: Buffett loses his silver


From Reuters
Tuesday, May 9, 2006


BEIJING -- Some Chinese economists are urging Beijing to quadruple
its gold reserves to 2,500 tonnes from the current 600 tonnes
because the country foreign exchange reserves had become the world's
largest, an official industry newspaper reported on Tuesday.

Jay Taylor tells a TV audience what''s really happening with gold


From The Associated Press
Tuesday, May 9, 2006


TORONTO -- The Canadian dollar charged ahead more than 1 U.S. cent
Tuesday, reaching levels the "loonie" has not seen since January

The dollar closed up one cent to 90.87 U.S. cents and went as high

Murphy''s ''Midas'' commentary for May 6: ''They just don''t get it''


11:53p ET Monday, May 8, 2006

Dear Friend of GATA and Gold:

The story about market manipulation appended here,
from Sunday's New York Times, was brought to your
attention by GATA last November when the Chicago
Sun-Times reported it:


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

The Klondike gold rush may be on again


Beijing Whispers Push Gold to $700

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, May 10, 2006


Gold has surged to $700 an ounce for the first time in 26 years
after Chinese economists suggested the country should quadruple its

GoldSeek radio interviews Tan Range CEO and gold all-star Jim Sinclair


To the editor of The New York Times:

"Finding Gold (and New Friends) in Gold" by Landon Thomas in your
May 7 edition reminded me of the three monkeys who "hear no evil,
see no evil, and speak no evil."

How does this mainstream journalist conclude from his findings that
GATA Chairman Bill Murphy's accusation that New York-based Goldman
Sachs and J.P. Morgan Chase have manipulated the gold market is "far-

Buffett says Bershire Hathaway has sold its silver


High Local Gold Price Prompts Rethink

From Vietnam News Agency, Hanoi
Sunday, May 6, 2006


HANOI -- In the face of rising domestic gold prices that exceed
world gold prices, the country's banks are planning to sell gold
under a new system, according to the deputy director of the Vietnam

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