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Daily Dispatches

Wall Street Journal examines the Consumer Price Index''s ''hedonics'' racket

Section: Daily Dispatches

Malaysia May Use Gold
To Secure Arms Purchases

By Leslie Lopez
The Wall Street Journal
Monday, May 9, 2005

KUALA LUMPUR -- The Malaysian government is considering an arms deal
that calls for it to commit part of the country's gold reserves to
help finance the purchase of warships and other defense equipment
valued at roughly 1 billion, or about $1.8 billion, from BAE
Systems PLC.

The proposed use of Malaysia's gold holdings as collateral for the

The perfect storm that could drown the economy

Section: Daily Dispatches

New and Improved

An Inflation Debate Brews
Over Intangibles at the Mall;
Critics Say U.S. Plays Down
CPI Through Adjustments
For Quality, Not Just Price;
Value of a TV's Flat Screen

By Timothy Aeppel
The Wall Street Journal
Monday, May 9, 2005

WASHINGTON -- To most people, when the price of a 27-inch television
set remains $329.99 from one month to the next, the price hasn't
changed.

Tice''s Marshall Auerback sees oil at $80

Section: Daily Dispatches

By Daniel Gross
The New York Times
Sunday, May 8, 2005

http://www.nytimes.com/2005/05/08/weekinreview/08gross.html?
ex=1116302400&en=9910a79bde4d33a0&ei=5070

We seem to be living in apocalyptic times. On NBC's "Revelations,"
Bill Pullman and Natascha McElhone seek signs of the End of Days. In
the Senate, gray-haired eminences speak of the "nuclear option."

Full speed ahead to another Asian meltdown

Section: Daily Dispatches

From Reuters
Thursday, May 5, 2005

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh99650_2005-05-05_22-47-57_n05553518_newsml

NEW YORK -- JPMorgan Chase & Co. said on Thursday it had agreed to
pay $356 million to settle investor lawsuits related to the failure
of Commercial Financial Services Inc.

Dow Jones Newswires interviews analysts who expect gold above $500

Section: Daily Dispatches

By Hamish McDonald
Sydney Morning Herald, Australia
Sunday, May 8, 2005

http://www.smh.com.au/news/Business/Full-speed-ahead-to-another-
Asian-meltdown/2005/05/08/1115491044455.html?oneclick=true

HONG KONG -- For Jim Walker, the chief economist at CLSA Asia-
Pacific Markets in Hong Kong, the signs are coming thick and fast.

The next China may be India, and they sure like gold over there

Section: Daily Dispatches

By James Attwood
Dow Jones Newswires
Sunday, May 8, 2005

http://sg.biz.yahoo.com/050508/15/3sel0.html

SYDNEY, Australia -- With the pendulum apparently swinging back in
gold's favor, some analysts now expect the metal is back on track
for US$500 some time next year.

Confidence is building among gold traders and analysts that the

Citigroup reported ready to plea-bargain over manipulating European bond market

Section: Daily Dispatches

By Agence France-Presse
via Khaleej Times, Dubai
Sunday, May 8, 2005

http://www.khaleejtimes.com/DisplayArticle.asp?
xfile=data/subcontinent/2005/May/subcontinen
t_May268.xml&section=subcontinent

LONDON -- With economists forecasting India's economy to grow by 7
percent during the fiscal year 2004/05, the country is seen as

CMRE hears about New Hampshire''s gold and silver payment legislation

Section: Daily Dispatches

9:12p ET Tuesday, May 3, 2005

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's "Midas" commentary tonight
at LeMetropoleCafe.com has been posted in the clear at
GoldSeek here:

http://news.goldseek.com/LemetropoleCafe/1115175600.php

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

Morgan Chase settles securities fraud lawsuit for $356 million

Section: Daily Dispatches

1:11a ET Friday, May 6, 2005

Dear Friend of GATA and Gold:

Resource Investor's Tim Wood reports on what may
have been the most interesting presentation at
Thursday's meeting of the Committee for Monetary
Research and Education in New York -- Edwin
Viera's on legislation proposed in New Hampshire
to put gold and silver back to work as currency
for transactions with state government.

You can find the Resource Investor report here:

India seen reducing its dollar reserves

Section: Daily Dispatches

7:28p ET Sunday, May 1, 2005

Dear Friend of GATA and Gold:

GATA consultant James Turk, editor of the Freemarket
Gold & Money Report and founder of GoldMoney, has
recast his dollar charts for his new commentary, "The
Dollar Continues to Mark Time." He sees the dollar's
recent strength as part of a bear-market rally at best.
You can find his analysis in the "Founder's
Commentary" box at the top left of the GoldMoney

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