Daily Dispatches

James Turk: After three years, oil is starting to rise in euros too


By Marshall Auerback
Tuesday, March 1, 2005


"Below the favourable surface [of the economy], there are as
dangerous and intractable circumstances as I can remember....
Nothing in our experience is comparable. ... But no one is willing
to understand [this] and do anything about it. ... We are

Asian banks reducing share of U.S. dollar deposits, BIS reports


3:20p ET Sunday, March 6, 2005

Dear Friend of GATA and Gold:

The following commentary from the Economic Times
in New Delhi about exchange-traded funds for gold
in India confirms that such funds will not have to
keep on hand all the gold they claim to have and
thus may become new agents of the scheme to
suppress the gold price.

The key assertion by the commentary's author,
Puneet Jain, is this: "While gold fund managers

China to keep yuan''s peg to dollar for ''relatively long time''


From Reuters
Sunday, March 6, 2005


BASEL, Switzerland -- Bank of Japan Governor Toshihiko Fukui said on
Sunday that rising oil prices and future currency movements posed
risks for Japan's economy, but repeated he would keep the current

China says it won''t change dollar''s share in its foreign exchange reserves


2:07p ET Saturday, March 5, 2005

Dear Friend of GATA and Gold:

The spring dinner meeting of the Committee for Monetary
Research and Education, to be held in New York on
Thursday, May 5, will hear from some of the world's
greatest partisans of gold as it considers economic
freedom and sound money.

* James Turk, editor of the Freemarket Gold & Money
Report, founder of GoldMoney, author of "The Coming

Marshall Auerback: Last orders for the U.S. dollar?


By Doug Casey
Casey Research
February 28, 2005


In recent weeks the news media has been overflowing with reports on
the increasing tension between the U.S. and Iran, supposedly based
on the Islamic country's unwillingness to drop its nuclear

Gold EFTs in India won''t have to keep all their metal on hand


3:07p ET Sunday, March 6, 2005

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the
Freemarket Gold & Money Report and consultant
to GATA, reports that oil's price in euros has
begun to rise for the first time in three years,
even as commodity prices generally are rising
sharply. Of course gold is languishing, an
indication of central bank intervention, but Turk

Gold''s heroes will speak at CMRE spring meeting in New York


From Bloomberg News Service
Taipei Times, Taiwan
Saturday, March 5, 2005


The New Taiwan dollar weakened, snapping an 11-day rally,
after a Chinese-language business daily reported the central
bank may sell the currency to stem its gains.

The NT dollar fell NT$0.087 to close at NT$30.95 against its

Central bank threatens traders with intervention if Taiwan dollar keeps rising


8:27p ET Friday, March 4, 2005

Dear Friend of GATA and Gold:

Julian D.W. Phillips, editor of Gold-Authentic
Money, reports that French gold sales have
stopped. You can find his analysis at
GoldSeek here:


CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Julian Phillips: French gold sales have stopped


10:44p ET Thursday, March 3, 2005

Dear Friend of GATA and Gold:

What we might as well start calling the Woertz
Report -- the study just published by the Gulf
Research Center in Dubai -- is already getting
noticed around the world, and GATA has high
hopes for it. The excerpt appended here from
tonight's edition of the HCM Daily Client Market
Letter, published by Harris Capital Management

Dubai study warns oil producers that Western banks rig gold market


11:20p ET Wednesday, March 2, 2005

Dear Friend of GATA and Gold:

David Bond, author of the Wallace Street Journal
column, may be the best writer in this business,
as indicated by his new essay, "Redemption,"
which is appended here as a sobering reminder of
the real work done behind all the philosophizing,
argument, and investment calculations.

Bond's essay echoes William Jennings Bryan's

Syndicate content