Daily Dispatches

By Andrew Pasek
Xinhua Finance
via AFX News and Forbes.com
Wednesday, November 29, 2006

http://www.forbes.com/business/feeds/afx/2006/11/29/afx3211541.html

BEIJING -- China is keen to bring rising copper prices under control and may take strategic market positions during the end-year lull to help control prices for the metal, Numis Securities said.

"Thin trading on the LME over Christmas could make the market vulnerable to manipulation from key consumers, like the Chinese, who could make a concerted effort to reduce prices in this environment. The danger is that the bulls could decimate anyone who dares to short the market and this threat could keep speculators away," Numis said in a research note.

Barrick Gold Press Release
via Market Wire
Wednesday, November 29, 2006

http://biz.yahoo.com/iw/061129/0189345.html

TORONTO -- Barrick Gold Corp. announced today that Wednesday, December 6, 2006, will be the final expiry date for its US$16 cash offer to acquire the common shares of NovaGold Resources Inc. There will be no further extensions of Barrick's offer.

Barrick's offer is now unconditional. Any and all shares tendered prior to 9 p.m. (Toronto time) on December 6, 2006 will be purchased by Barrick for cash. Payment will be made by December 8, 2006.

Tarapore for Increasing
Gold Component
in Forex Reserves

From The Indian Express / Financial Express, Mumbai
Wednesday, November 29, 2006

http://www.financialexpress.com/fe_full_story.php?content_id=147578

MUMBAI, Nov. 28 -- Underscoring the benefits of diversifying foreign exchange reserves and the uniqueness of a gold component as part of the forex basket, S.S. Tarapore, former deputy governor of the Reserve Bank of India and an economist, has strongly advocated for increasing the proportion of gold in the country’s forex reserve. He was speaking at a conference, "Foreign Exchange Management: The Way Forward," on Tuesday.

9:14p ET Tuesday, November 28, 2006

Dear Friend of GATA and Gold:

GATA's great friend Peter Grandich of The Grandich Letter was interviewed for an hour Monday by Jim O'Connell on "Market Call" on Canada's Report on Business Television and in the course of taking viewer questions about particular mining shares repeated his general endorsement of GATA's complaint of manipulation of the gold market. Indeed, Grandich went beyond that and noted manipulation in the general equity and bond markets as well.