Daily Dispatches

9:15p ET Monday, August 29, 2005

Dear Friend of GATA and Gold:

Resource Investor's Tim Wood reports without comment
that the ratio between the price of oil and the price
of gold has reached a record extreme, suggesting that
gold is underpriced. Wood's report has a lot of nice
charts with it but fails to draw the obvious conclusion:
Central banks are aggressively suppressing the gold
price. You can find Wood's report here:

Wall Street, Fed At Odds
On Effect of Any Dollar Collapse

From Reuters
Friday, August 26, 2005

http://today.reuters.co.uk/investing/financeArticle.aspx?
type=usDollarRpt&storyID=URI:urn:newsml:reuters.com:20050826:MTFH2666
3_2005-08-26_16-35-57_N26409411:1

NEW YORK -- Although a dollar crash is unlikely any time soon, a

By Yelena Fedorova
Novosti News Agency
Sunday, August 28, 2005

http://en.rian.ru/business/20050828/41239808.html

MOSCOW -- Russia and China might consider replacing the dollar in
bilateral trade, a senior banking expert said on the eve of the
Third Russian-Chinese Banking Forum opening Monday.

Garegin Torsunyan, president of the Association of Russian Banks

4p ET Sunday, August 28, 2005

Dear Friend of GATA and Gold:

Gold Rush 21, GATA's conference in Dawson City,
Yukon Territory, Canada, was so well-received that
we have decided to produce a video recording of the
conference on computer disc -- they call them DVDs
-- in time for presentation at GATA's fund-raising
dinner at the New Orleans Investment Conference
on Wednesday, November 2, assuming that the