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Daily Dispatches

Dollar reaches record low as European Central Bank may let euro strengthen

Section: Daily Dispatches

Economists Say Dollar Has Long Way to Fall;
15% Drop Urged Against Asian Currencies

By Corbett B. Daly
CBSMarketWatch
Tuesday, November 30, 2004

http://cbs.marketwatch.com/news/story.asp?guid=%7BA9839C5D%2DEA54%
2D422E%2D8D8A%2D0DBC155292B0%7D&siteid=mktw

WASHINGTON --- Despite the steady decline in the

Fund manager sees gold above $500 in one year, then higher still

Section: Daily Dispatches

By Vivianne C. Rodrigues and Mark Tannenbaum
Bloomberg News Service
Tuesday, November 30, 2004

http://www.bloomberg.com/apps/news?
pid=10000101&sid=aTS926UikSV0&refer=japan

NEW YORK -- The dollar reached a record low against
the euro for the 10th time this month on speculation
European finance officials will refrain from selling their

Ted Butler: The good news metal

Section: Daily Dispatches

By Gavin Maguire
Dow Jones Newswires
Tuesday, November 30, 2004

NEW YORK -- Gold is likely entering the second of
a three-phase bull market that should see prices top
$500 per ounce within one year and stretch toward
historic highs around $800 an ounce in the years
following, according to Wistar Holt, portfolio manager
with Holt & Shapard Capital Management, a
gold-centric money management firm.

Lassonde sees four-digit gold price, likes ETF; and a feature on J-Pacific

Section: Daily Dispatches

By Theodore Butler
InvestmentRarities.com
Thursday, November 29, 2004

I prefer to analyze silver on supply and demand fundamentals rather
than currency changes or chart configurations. I try to be a long-
term value investor and analyst. I would never sell an undervalued
asset (or buy an overvalued asset) just because the charts looked
good or bad. Nor would I make a move just because I thought the

Newspaper says Chinese banks may be allowed into dollar market

Section: Daily Dispatches

Dollar Under Pressure
in Heavy U.S. Data Week

By Don Curren
Dow Jones Newswires
Sunday, November 28, 2004

http://sg.biz.yahoo.com/041128/15/3ovpz.html

TORONTO -- After its wrenching fall against the euro
and other currencies, the dollar will likely remain
under selling pressure this week amid a slew of
top-tier economic data.

Peter Brimelow: Gold superbulls remain cautious

Section: Daily Dispatches

Report: China Banks to Get Dollar Dealings

By The Associated Press
Monday, November 29, 2004

http://www.forbes.com/business/healthcare/feeds/ap/2004/11/29/ap167775
8.html

Regulators may let China's four biggest state banks
become market makers in U.S. dollar trading, paving
the way for less currency intervention by the central

Everyone seems to expect the dollar to rally now, not to keep falling

Section: Daily Dispatches

By Peter Brimelow
CBS.MarketWatch.com
Monday, November 29, 2004

http://cbs.marketwatch.com/news/story.asp?guid=%7B2191C73B%2D688D%
2D4446%2DB25D%2D5B062EB1E884%7D&siteid=mktw&dist=

NEW YORK -- Thanksgiving rally? Gold got as high as
$455 during the U.S. holiday. But veteran gold bugs
remain remarkably restrained.

Central banks remain the crucial factors in the currency markets

Section: Daily Dispatches

Dollar Halts Slide on Speculation
That Decline May Have Gone Too Far

By Rodrigo Davies and Mark Tannenbaum
Bloomberg News Service
Monday, November 29, 2004

http://www.bloomberg.com/apps/news?
pid=10000101&sid=aFPzElvSBHt8&refer=japan

NEW YORK -- The dollar's decline against the euro
stalled on speculation its move had gone too far

Weight of speculation seen working more against gold than the dollar

Section: Daily Dispatches

Investors Unite Around Dollar's Decline

By Agnes T. Crane
Dow Jones Newswires
Monday, November 29, 2004

http://sg.biz.yahoo.com/041129/15/3owou.html

NEW YORK -- A weakening dollar isn't exactly news
for financial markets, but the acceleration of its
decline in recent weeks and the headlines it has
generated have prompted investors ranging from foreign

Still more efforts to talk the dollar back up

Section: Daily Dispatches

All That Glitters is Gold, Not the Dollar

By Steven Vames and Gavin Maguire
Dow Jones Newswires
Monday, November 29, 2004

http://sg.biz.yahoo.com/041129/15/3owoq.html

NEW YORK -- In recent months, it's been the golden
rule, so to speak: The dollar keeps hitting historic lows
and gold keeps hitting historic highs.

It's a relationship that typifies the gold market in times

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