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Daily Dispatches

Gold market discounts more IMF sales talk

Section: Daily Dispatches

ECB Sells 47 Tonnes of Gold

By Kevin Morrison and Ralph Atkins
Financial Times
Thursday, March 31 2005

http://news.ft.com/cms/s/df9f21fc-a20d-11d9-8483-00000e2511c8.html

The European Central Bank declared on Thursday it had sold 47 tonnes
of gold, the first disposal of any of its official reserves since
its creation in 1999.

Asian central banks thought to be snapping up dishoarded European gold

Section: Daily Dispatches

Europe Gold Holds Firm,
Shrugs Off IMF Gold Report

From Reuters
Thursday, March 31, 2005

http://www.reuters.co.za/locales/c_newsArticle.jsp;:424bcf2f:3afece84
4b2d7a8f?type=businessNews&localeKey=en_ZA&storyID=8046883

LONDON -- Gold prices held above support at $426 per ounce on
Thursday in Europe, with the market discounting remarks by the

Richard Appel: The action of gold and the dollar is surreal

Section: Daily Dispatches

Markets Shrug Off Gold Sales by ECB

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, April 1, 2005

The European Central Bank revealed yesterday that it had quietly
sold 47 tonnes of gold over recent months, but said it planned no
further sales before September.

The gold markets shrugged off the surprise announcement, which marks
the first time the ECB has joined national central banks in cutting

Hank Fellerman: An open letter to Newmont Mining

Section: Daily Dispatches

9:35p ET Tuesday, March 29, 2005

Dear Friend of GATA and Gold:

Peter Schiff, CEO of Euro-Pacific Capital in
Newport Beach, California, has written what
may be the best brief analysis of the parasitism
that constitutes the world economy under the
dollar regime. It's titled "Even Stephen Roach
Has It Wrong" and it makes the point that may be
obvious to everyone who is not in the financial

Last sentence has only news in this Financial Times story about IMF gold sales

Section: Daily Dispatches

1:52p ET Wednesday, March 30, 2005

Dear Friend of GATA and Gold:

Longtime GATA supporter Hank Fellerman has written
an open letter to Newmont Mining, in which he owns
shares, asking why Newmont has done nothing to help
GATA or to expose the suppression of the gold price.
Other Newmont shareholders might do well to express
similar concerns. You can find Fellerman's letter
here:

http://www.gata.org/NewmontLetter.html

''We know money,'' AIG boasts, but -- ooops -- they just misplaced $1.7 billion

Section: Daily Dispatches

IMF Presses Case for Gold Sales
to Help Relieve Debt Burden

By Andrew Balls
Financial Times, London
Wednesday, March 30, 2005

http://news.ft.com/cms/s/64d0dcee-a146-11d9-95e5-00000e2511c8.html

WASHINGTON -- The International Monetary Fund believes the best way
to provide more debt relief for the world's poorest countries is for

Audio interview with James Turk, author of ''The Coming Collapse of the Dollar''

Section: Daily Dispatches

These are the gangsters who, until last year,
controlled the silver market on the U.S.
commodities exchanges....

* * *

AIG Accounting May Have
Overstated Worth by $1.7 Billion

By David Plumb and Jesse Westbrook
Bloomberg News Service
Wednesday, March 31, 2005

http://quote.bloomberg.com/apps/news?
pid=10000006&sid=a1fPWNXLlbs0&refer=home

South African gold companies pushed into survival mode

Section: Daily Dispatches

Analysts Expect Indian Plan
to Tap Idle Gold to Move Slowly

From Reuters via The Peninsula
Doha, Qatar
Sunday, March 27, 205

http://www.thepeninsulaqatar.com/Display_news.asp?
section=Business_News&subsection=market+news&month=March2005&file=Bus
iness_News200503272282.xml

MUMBAI -- For housewife Arpita Mohan, giving up her gold ornaments

Malaysia''s former prime minister urges businesses to get out of dollar

Section: Daily Dispatches

By Jackie Range
Dow Jones Newswires
Monday, March 28, 2005

http://sg.biz.yahoo.com/050329/15/3rjq2.html

LONDON -- Drilling deep underground in dark, hot, and wet conditions,
South Africa's gold miners may have little idea their industry is
facing its biggest challenge yet miles above their heads.

While rival companies with dollar-based costs bask in a high gold

Peter Schiff: The world could get along just fine without freeloading Americans

Section: Daily Dispatches

By B.K. Sidhu, Muguntan Vanar,
and Ruben Sario
The Star
Petaling Jaya, Malaysia
Wednesday, March 30, 3005

http://biz.thestar.com.my/news/story.asp?
file=/2005/3/30/business/10547137&sec=business

KOTA KINABALU, Malaysia -- The U.S. dollar is facing an imminent
collapse, Tun Dr. Mahathir Mohamad warned yesterday.

The former prime minister told a conference of some 650 chief

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