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Daily Dispatches

Dow Jones Forex View: Dollar rise should continue but risks grow at week''s end

Section: Daily Dispatches

8:50a ET Monday, June 6, 2005

Dear Friend of GATA and Gold:

MineWeb has today a story about soaring demand
for gold, written off the recent World Gold Council
press release, that is interesting for acknowledging
a similar increase in gold dishoarded by central
banks but never quite putting the two things
together.

That is, the big news here is that only central bank
dishoarding is keeping the gold price down. Is this

Financial Sense Newshour interviews Mike Bolser of Interventional Analysis

Section: Daily Dispatches

10:24p ET Saturday, June 4, 2005

Dear Friend of GATA and Gold:

Sunday's New York Times Magazine has a long article
on gold, for which GATA was asked to and did provide
information. Unfortunately the article is mainly a lot
of attitudinizing with predictable emphasis on the
eccentricities of certain gold advocates. It's as if
the Times had set out to analyze the economic policy
of the Clinton administration and concentrated on

Another drink? Sure. China is paying

Section: Daily Dispatches

12:12p ET Sunday, June 5, 2005

Dear Friend of GATA and Gold:

Jim Puplava's Internet radio program for Saturday,
the "Financial Sense Newshour," interviewed
Michael Bolser, editor of the Interventional
Analysis newsletter and a member of GATA's
Board of Directors, about surreptitious
intervention by government against the price of
gold and other strategic commodities.

You can listen to the interview here:

Will America lose its AAA credit rating?

Section: Daily Dispatches

By Eduardo Porter
The New York Times
Sunday, June 5, 2005

http://www.nytimes.com/2005/06/05/business/yourmoney/05view.html?
th&emc=th

Guess who's paying for America's spending binge -- for the
ballooning credit card bills, the scramble for homes, the country's
gaping budgetary hole.

Poor countries have become the financiers of the United States,

N.Y. Times Magazine notes gold but pointedly avoids manipulation issue

Section: Daily Dispatches

By Alan Murray
The Wall Street Journal
Wednesday, June1,2005

Economists are reading the wrong fairy tale. This isn't
a "Goldilocks" economy -- not too hot, not too cold -- as many have
called it. Instead it's more like "The Emperor's New Clothes."

The emperor, in this case, is Federal Reserve Board Chairman Alan
Greenspan. For the past year he has been telling us he is tightening

Alan Murray: Rates lay bare the challenge to Greenspan

Section: Daily Dispatches

11:02p ET Wednesday, June 1, 2005

Dear Friend of GATA and Gold

Resource Investor has posted an edited transcript
of a debate between its editor, Tim Wood, and James
Turk, editor of the Freemarket Gold & Money
Report, founder of GoldMoney, and consultant to
GATA, on whether the gold market is manipulated.
The debate was held a week ago during the New
York Institutional Gold Conference. Audio of the

A debate over whether the gold market is manipulated

Section: Daily Dispatches

From AFX News
Tuesday, May 30, 2005

http://www.forbes.com/markets/feeds/afx/2005/05/30/afx2064323.html

BEIJING -- China is exploring ways to use some of its huge foreign
exchange reserves to buy imported oil, the Shanghai Securities News
reported, citing an unidentified source.

The newspaper said the plan, which was first proposed as early as

European Central Bank warns of ''disruptive unwinding of imbalances''

Section: Daily Dispatches

From Canadian Press
Monday, May 30, 2005

http://www.canada.com/businesscentre/story.html?id=f164422c-2c54-
408d-8cbe-3fb8298b23b5

MONTREAL -- A growing imbalance in the global economy, exacerbated
by a rampant U.S. deficit as the rest of the world records
surpluses, needs to be addressed soon before it gets resolved "in an

Ted Butler tells silver investors to learn from the copper manipulation blowup

Section: Daily Dispatches

ECB Sees Risk of Disruptive Unwinding
of Imbalances, Severe Pressure on Dollar

By Steve Whitehouse
AFX News
Tuesday, May 31, 2005
http://www.forbes.com/markets/feeds/afx/2005/05/31/afx2066670.html

FRANKFURT -- Global current account imbalances pose a threat to
financial market stability, the European Central Bank said.

''We know money,'' AIG ads say as company admits scamming $4 billion

Section: Daily Dispatches

By Ted Butler
InvestmentRarities.com
Tuesday, May 31, 2005

First a quick word on the structure in various markets, as defined
by the commitment of traders (COT) report, and then a follow-up on
something I wrote about last week.

The move down in gold and up in the dollar as a result of the French
vote, augments the existing structure, and the reversal, when it
comes, should be powerful.

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