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Daily Dispatches

Resource Investor finds gold/oil ratio at historic disparity but won''t guess why

Section: Daily Dispatches

10:40p ET Tuesday, April 12, 2005

Dear Friend of GATA and Gold:

Peter Schiff, CEO of Euro Pacific Capital in Newport
Beach, California, comments tonight on the record
U.S. trade deficit:

"Today's release of a record $61 billion February trade
deficit continues to confound the 'experts' who have
constantly predicted that a weaker dollar would be the
cure for America's exploding trade imbalance.If

Bill Fleckenstein: We''re following the recipe for a much higher gold price

Section: Daily Dispatches

By Paul A. Volcker
The Washington Post
Sunday, April 10, 2005

http://www.washingtonpost.com/wp-dyn/articles/A38725-2005Apr8.html

The U.S. expansion appears on track. Europe and Japan may lack
exuberance, but their economies are at least on the plus side. China
and India -- with close to 40 percent of the world's population --

James Turk and Bobby Godsell expect imminent rise for gold

Section: Daily Dispatches

Gold: The Only Currency
that Can't Be Printed

The world is starting to see that it's not just the dollar that has
serious problems. Brewing financial crises and weak currencies make
gold the best choice for crisis protection.

By Bill Fleckenstein
MSNMoney.com
Monday, April 11, 2005

http://moneycentral.msn.com/content/P113717.asp

Complete account of Godsell remarks at MineWeb

Section: Daily Dispatches

8:50p ET Monday, April 11, 2005

Dear Friend of GATA and Gold:

Two bullish predictions for gold today.

The first comes from GoldMoney founder James
Turk, editor of the Freemarket Gold & Money
Report and consultant to GATA, who observes
that gold is starting to move higher in several
major currencies and writes that he'll stick
his neck out and predict an imminent rise.
You can find Turk's analysis, "Gold Looks

Japan and South Korea say they won''t change composition of FX reserves

Section: Daily Dispatches

By Heather Stewart
The Observer, London
Sunday, April 10, 2005

http://politics.guardian.co.uk/election/story/0,15803,1456397,00.html

Gordon Brown's year-long anti-poverty crusade is in jeopardy this
week as the US prepares to block his plans for a sale of
International Monetary Fund gold reserves to raise cash for debt

Bernanke seen as favorite to succeed Greenspan as Fed chairman

Section: Daily Dispatches

From Reuters
Sunday, April 10, 2005

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=8134006

GINOWAN, Japan -- Japan and South Korea both indicated on Sunday
that they would not change the composition of their massive, dollar-
heavy foreign reserves.

Currency markets have been on alert for any sign of changes in the

Inflation seen as inevitable, search for inflation hedge seen helping gold

Section: Daily Dispatches

By Caren Bohan and Tim Ahmann
Reuters
Sunday, April 10, 2005

http://www.reuters.com/newsArticle.jhtml?
type=topNews&storyID=8135035

WASHINGTON -- Federal Reserve Governor Ben Bernanke has the edge in
the latest betting over who will succeed Alan Greenspan as Federal
Reserve chief, but sources close to the Bush administration say it

Bank of France governor declines opportunity to disparage dollar

Section: Daily Dispatches

By Choy Leng Yeong
Bloomberg News Service
Monday, April 11, 2005

http://www.bloomberg.com/apps/news?
pid=10000087&sid=alP9ViJ8xZ6k&refer=top_world_news

Gold may rise for a third week on speculation accelerating inflation
will boost the allure of the precious metal as a hedge.

Twenty-two of 43 traders, investors, and analysts surveyed April 7

Paul Volcker: U.S. economy is on thin ice

Section: Daily Dispatches

Didier Testot and Simone Meier
China Daily, Beijing
Monday, April 11, 2005

http://www.chinadaily.com.cn/english/doc/2005-
04/11/content_432902.htm

Bank of France Governor Christian Noyer said he has "no special plan
to modify the composition" of the central bank's foreign-exchange
reserves this year as the bank sells gold to buy currencies.

U.S. will beat British chancellor''s campaign to beat poverty with IMF gold sales

Section: Daily Dispatches

From Reuters
Thursday, April 7, 2005

http://www.reuters.co.za/locales/c_newsArticle.jsp?
type=businessNews&localeKey=en_ZA&storyID=8116730

FRANKFURT -- The European Central Bank is cautious about a proposal
for the International Monetary Fund to sell gold reserves to fund
development aid for poor nations, ECB President Jean-Claude Trichet

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