Daily Dispatches

2:34a ET Wednesday, January 26, 2005

Dear Friend of GATA and Gold:

Resource Investor has a good account of the remarks
made to the Vancouver Resources Investment
Conference by Frank Holmes of U.S. Global Investors,
who predicted that emerging markets will drive prices
of gold and other metals substantially higher over the
next five years.

Holmes also denounced the recent rash of attempts

By Mark Landler
The New York Times
Thursday, January 27, 2005

http://www.nytimes.com/2005/01/27/business/worldbusiness/27econ.html?

DAVOS, Switzerland, Jan. 26 -- Two things were as clear as the Alpine
air on the opening day of the World Economic Forum on Wednesday: The
relentlessly sinking dollar is Topic A, and anyone hoping for an

By Taizo Hirose
Bloomberg News Service
Tuesday, January 25, 2005

http://www.bloomberg.com/apps/news?
pid=10000103&sid=aY2b8mlb_vIM&refer=us

TOKYO -- The euro halted a two-day gain against the dollar in Europe
after finance ministers of Germany and France said before a meeting
of Group of Seven countries next month that their currency's rally

2:04a ET Wednesday, January 26, 2005

Dear Friend of GATA and Gold:

Below is the press release GATA distributed this
week about Gold Rush 21, our conference to
mobilize investment fund managers and precious
metals mining company executives against the
suppression of gold and silver prices.

If you are invested in precious-metals mutual
funds or particular gold or silver mining companies,

Tuesday, January 25, 2005
InvestmentRarities.com

Cook: Since we teamed, up silver has doubled in price. You
have suggested a much bigger increase. Could this be all
we're going to get?

Butler: No. Without putting too fine of a timeline on it, I think
we're just getting started. There are still many, many dollars
to the upside from here. In some ways, silver is a much
better buy here than it was at lower prices a while back.

By Tom Dyson
DailyReckoning.com
Wednesday, January 26, 2005

http://www.dailyreckoning.com/RudeAwake/Articles/Bunkered.html

"I was just trying to make some money."

That's what Bunker Hunt said to his sister having just
bankrupted one of America's richest families. It took him
just three months to lose a multi-billion dollar fortune.

By Joshua Krongold
Bloomberg News Service
Monday, January 24, 2005

http://www.bloomberg.com/apps/news?
pid=10000103&sid=aHYMqgZrs7ys&refer=us

NEW YORK -- Central banks are reducing their holdings of
dollars in favor of the euro, according to a survey of 65
central banks, extending a three-year trend identified by
the International Monetary Fund.

5:24p PT Sunday, January 23, 2005

Dear Friend of GATA and Gold:

In a few minutes at the Vancouver Resources Investment
Conference, GATA will announce plans for a gold
conference of its own from which, we hope, will arise a
new mobilization of the precious metals mining industry.

The GATA conference will be called Gold Rush 21; it
will be held in August in Dawson City, Yukon Territory,

From BBC News
Monday, January 24, 2005

http://news.bbc.co.uk/1/hi/business/4200811.stm

Many of the world's central banks are starting to look to the
euro to fill their currency reserves instead of the dollar, a
survey suggests. The poll, carried out by Central Banking
Publications, found 39 nations of the 65 surveyed raising
their euro holdings, with 29 cutting back on the U.S. dollar.

By Chris Giles
Economics Editor
Financial Times, London
Monday, January 24, 2005
http://news.ft.com/cms/s/bd52ee06-6dad-11d9-ae0d-00000e2511c8.html

During the past few years the United States has become
dependent not so much on millions of investors around
the globe but on a few individuals in a few of the world's