Daily Dispatches

By Sala Kannan
www.DailyReckoning.com
Tuesday, November 16, 2004

It was July 1, 1991, the day of my cousin's wedding.

"You have to wear more gold, Sala. It's auspicious," my
mother said, as I was getting ready.

As a teenager growing up in India, I hated wearing
traditional gold jewelry. It was not fashionable enough.
Only old people wore gold jewelry. I was determined
not to wear all that gold to the wedding. I would create

By Ted Butler
November 9, 2004
www.InvestmentRarities.com

A close reading of the current Commitments of Traders
Report (COT), including an extrapolation since the
Tuesday cutoff, indicates that we are still at a bearish
extreme in gold and silver. Yes, there was technical
fund liquidation and dealer short covering in the latest
report, but that activity clearly took place on the big
down day on November 2. Subsequently, it appears

9:54p ET Tuesday, November 16, 2004

Dear Friend of GATA and Gold:

Resource Investor's Tim Wood speculates that the
impending launch of the World Gold Council's
bullion fund in New York has prompted front-
running that is supporting the gold price, and he
quotes gold's perennial disparager, Mitsui's Andy
Smith, as predicting a collapse in the gold price
once the front-running is out of the way. Wood

5:48p CT Sunday, November 14, 2004

Dear Friend of GATA and Gold:

GATA's fund-raising lunch at the conclusion of the
New Orleans Investment Conference today was a
success. At least we seem to have covered our costs
while meeting many old and new friends and spreading
the word of the manipulation of the gold market.

GATA is especially grateful to Brien Lundin of
Jefferson Direct Inc. and editor of Gold Newsletter