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Daily Dispatches

Treasury yield curve partially inverts, forecasting recession, lower rates

Section: Daily Dispatches

12:02a ET Tuesday, November 29, 2005

Dear Friend of GATA and Gold:

Resource Investor's Jon A. Nones, reporting on the second
day of the Gold and Precious Metals Investment
Conference in San Francisco, quotes a number of market
analysts, including GoldMoney founder and GATA
consultant James Turk. You can find Nones' report here:

http://www.resourceinvestor.com/pebble.asp?relid=14998

Peter Brimelow: Gold above $500 is about time

Section: Daily Dispatches

Treasury Yield Curve Partially Inverts;
Slow Housing-Market Data Help Create
Rare Situation; Watching for a Recession

By Mark Whitehouse
The Wall Street Journal
Tuesday, November 29, 2005

Bond investors, worried about slackening home sales, nudged the
threat level on their economic early-warning system a notch higher
yesterday.

In an unusual event known as a partial inversion of the yield curve,

Even an establishment academic questions motive behind M3 data erasure

Section: Daily Dispatches

By Peter Brimelow
CBSMaketWatch.com
Monday, November 28, 2005

http://www.marketwatch.com/news/story.asp?guid=%7BBB2887C0-1CD4-49B9-
A2A6-889A832F41CA%7D&siteid=mkwt

NEW YORK -- Monday night (Eastern), as soon as the Tokyo Commodities
Market opened, gold surged.

In just over an hour it was up $4 from the Comex close, breaking

James Cook interviews silver market analyst Ted Butler

Section: Daily Dispatches

Fed May Pause Too Soon

By Irwin Kellner
CBSMarketWatch.com
Tuesday, November 29, 2005

http://www.marketwatch.com/news/story.asp?guid=%7BFFDEA816%2DE11F%
2D47A8%2DA66D%2DBDA8E32812DD%7D&siteid=mktw

Is the Federal Reserve laying the groundwork for halting the
extended rise in short-term interest rates? And, if so, why?

Buy ''Eye of the Pyramid'' on Thursday and you''ll be supporting GATA

Section: Daily Dispatches

An interview with silver market analyst Ted Butler by James
Cook, proprietor of Investment Rarities Inc. of Minneapolis.

* * *

James Cook: We hear a lot about Asian demand for silver.

Ted Butler: And for good reason. It appears that Asian demand,
particularly from China and India, is impacting every commodity.

Cook: How important are these two countries?

Butler: They have become the main factor in the world of commodities.

Russian central banker says gold holdings may grow slowly

Section: Daily Dispatches

By Pham-Duy Nguyen
Bloomberg News Service
Monday, November 28, 2005

http://quote.bloomberg.com/apps/news?pid=10000080&sid=aGWt5n2IX.kQ

Gold may rise for a fourth straight week, reaching $500 an ounce for
the first time since 1987, as investors purchase bullion as an
alternative to U.S. stocks, a Bloomberg survey shows.

Even that tiny float of China''s currency is a fraud, researchers discover

Section: Daily Dispatches

Russian Central Bank Gold Holdings May Change Slowly

From RIA Novosti News Agency
Monday, November 28, 2005

http://en.rian.ru/russia/20051128/42241821.html

MOSCOW -- The Central Bank may increase the weighting of gold in its
reserves in years rather than months, Chairman Sergei Ignatyev said
Friday.

The comment came after President Vladimir Putin last week called for

Gold breaks $500

Section: Daily Dispatches

What Flexibility? Yuan is Still Pegged to the Dollar

By Andy Mukherjee
Bloomberg News Service
Tuesday, November 29, 2005

http://quote.bloomberg.com/apps/news?
pid=10000039&cid=mukherjee&sid=akeAR2xWI0YA

There's a good chance that 2005 will be remembered in the financial
markets as the year in which China blinked and made the yuan more

James Turk: Even Russia has leased out most of its gold reserves

Section: Daily Dispatches

7:48p ET Monday, November 28, 2005

Dear Friend of GATA and Gold:

Two major gold price monitoring Internet
sites, Kitco and Ino, report that gold
broke the $500 barrier at 7:30 p.m. U.S.
Eastern time tonight:

http://www.kitco.com/

http://quotes.ino.com/chart/?s=FOREX_XAUUSDO

Tan Range Exploration CEO Jim Sinclair

China copper trader Liu may be scapegoat for weak risk controls

Section: Daily Dispatches

By James Turk
GoldMoney.com
Monday, November 29, 2005

The following news agency report about Russia's gold reserves
contains interesting information.

* * *

By Peter Lavelle
RIA Novosti News Agency
Monday, November 28, 2005

http://en.rian.ru/russia/20051128/42241821.html

MOSCOW -- The Central Bank may increase the weighting of gold in its

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