Daily Dispatches

7:28p ET Sunday, May 1, 2005

Dear Friend of GATA and Gold:

GATA consultant James Turk, editor of the Freemarket
Gold & Money Report and founder of GoldMoney, has
recast his dollar charts for his new commentary, "The
Dollar Continues to Mark Time." He sees the dollar's
recent strength as part of a bear-market rally at best.
You can find his analysis in the "Founder's
Commentary" box at the top left of the GoldMoney

By Peter Brimelow
CBSMarketWatch.com
Monday, May 2, 2005

NEW YORK -- Gold and gold shares are diverging. Why?

Last week was grim for gold shares -- but not bad for gold itself.
Both the Philadelphia Gold and Silver Index (XAU) and the usually
more sensitive AMEX gold bugs index (HUI) lost 6 percent. Bullion
actually rose $1.80.

What does this disparity mean?

One thing it means is gloom and fear in goldbug land. As James Turk

8:40p ET Saturday, April 30, 2005

Dear Friend of GATA and Gold:

GATA consultant Robert K. Landis has just examined
at length the literature on the question of the day
among gold's followers: whether gold is a hedge
against inflation or deflation. He concludes that
gold is a hedge against monetary collapse, whether
that collapse seems inflationary or deflationary:

"Gold is what you want when they seal the borders

Rumours on Revaluation of Renminbi Increase

By Richard McGregor
Financial Times, London
Saturday, April 29, 2005

BEIJING -- China's currency traded briefly outside its tightly
controlled band on Friday, triggering a renewed wave of speculation
that the government was preparing to allow a long-expected
revaluation.

The unexpected price move followed weeks of international pressure
on China to allow the renminbi to appreciate. But the People's Bank