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Daily Dispatches

Wheaton River to remain unhedged, expects higher gold price next year

Section: Daily Dispatches

By Ted Butler
InvestmentRarities.com
Tuesday, March 8, 2005

Perhaps "accident" may not be the precise word to describe what I
see coming in silver. After all, Webster's defines accident as
"an unforeseen and unplanned event or circumstance." While that
definition certainly encompasses what I see ahead in the silver
market, I need to add a qualifying adjective to complete my vision.

Euro reaches 2-month high on suggestion of higher interest rates

Section: Daily Dispatches

By Craig Wong
Canadian Press
via Canadian Broadcast Corp.
Tuesday, March 8, 2005

http://www.cbc.ca/cp/business/050308/b030860.html

VANCOUVER -- Wheaton River Minerals, which recently approved a $2.4-
billion merger with Goldcorp Inc., plans to remain unhedged and
expects the price of gold to push higher next year, executives said

Euro reaches 2-month high on suggestion of increase in interest rates

Section: Daily Dispatches

By Steve Rothwell and Vivianne C. Rodrigues
Bloomberg News Service
Tuesday, March 8, 2005

http://www.bloomberg.com/apps/news?
pid=10000087&sid=ahi9FM5uTMDA&refer=top_world_news

The euro advanced against the dollar to its highest in two months
after European Central Bank policy maker Nout Wellink suggested to
the Financial Times Deutschland the bank may raise interest rates to

Indian and Chinese banks pulling out of ailing U.S. dollar

Section: Daily Dispatches

By Yumi Kuramitsu
Bloomberg News Service
Monday, March 7, 2005

http://www.bloomberg.com/apps/news?
pid=10000087&sid=amFOM5TtQEE4&refer=top_world_news

HONG KONG -- China plans to keep its currency pegged to the U.S.
dollar for "a relatively long time" as the country faces less
pressure to let the currency rise because the government is taking

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

Section: Daily Dispatches

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

Doug Casey: Iran is next U.S. target because of its plan to price oil in euros

Section: Daily Dispatches

China Will Not Adjust Dollar Assets
in Forex Holdings, Report Says

From AFX News, London
FXStreet.com
Sunday, March 6, 2005

http://www.fxstreet.com/nou/noticies/afx/noticia.asp?
pv_noticia=1110091907-d8260f08-01693

BEIJING -- China will not adjust the proportion of US dollar
assets in its foreign exchange portfolio despite possible

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

Section: Daily Dispatches

By Doug Casey
Casey Research
February 28, 2005

http://www.howestreet.com/mainartcl.php?
ArticleId=1005&PHPSESSID=652dadc9538956f8dab39dcfb171597e

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

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

Section: Daily Dispatches

By Marshall Auerback
PrudentBear.com
Tuesday, March 1, 2005

http://www.prudentbear.com/internationalperspective.asp

"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

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

Section: Daily Dispatches

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

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

Section: Daily Dispatches

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

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