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Try reaching the McCulley essay through Pimco''s home page
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches11:23a ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
The Pimco Internet site has been returned to service
at this hour and the essay by its managing director,
Paul McCulley, cited in a GATA dispatch yesterday,
is again available here:
http://www.pimco.com/LeftNav/Late+Breaking+Commentary/FF/2004/FF_Nov_2
An interview with GATA board member Catherine Austin Fitts
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches11:51a ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
That Internet link to the essay by Paul McCulley
at the Pimco site is still giving people trouble.
So try going to the Pimco home page here:
http://www.pimco.com/TopNav/Home/Default.htm
At this hour the McCulley essay is the first item
under "Late Breaking Commentary" at the top
The day the dollar died?
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches6:21p ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
GATA board member Catherine Austin Fitts was
interviewed about investment strategies this
month by Jeff Neal of Optionetics.com, and the
interview touches on the gold market. You can
find the interview in two parts here:
http://www.optionetics.com/articles/article_full.asp?idNo=11457
The scent of competitive devaluations is the air in Japan and Europe
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches7:03p ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
In his nightly market commentary, "Mr. Gold," Jim
Sinclair, calls today the day the dollar died.
Admission to Sinclair's Internet site his free
but you have to register:
Appended here are what seem like two of today's
more important news stories about the currency
Euro Jumps to $1.32, Bonds Rally, Gold Surges
Submitted by cpowell on Thu, 2004-11-25 03:00 Section: Daily Dispatches"Conspiracies rarely exist."
-- Dennis Gartman
in The Gartman Letter,
September 14, 2004
* * *
AIG to Pay $126 Million to Settle U.S. Probes
By Jonathan Stempel
Reuters
Wednesday, November 24, 2004
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=6911964
NEW YORK -- American International Group Inc. on
Everyone expects intervention or a bounce for the dollar but it''s not happening
Submitted by cpowell on Thu, 2004-11-25 03:00 Section: Daily DispatchesCovert Intervention by European Central Bank Expected
By Raj Rajendran
Reuters
Thursday, November 25, 2004
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh66519_2004-11-25_13-55-06_l25626607_newsml
LONDON -- The euro hit a record high of $1.32 on
Thursday on a growing view Washington is happy
Bond boss admits that the great scheme is to rip off the developing world
Submitted by cpowell on Thu, 2004-11-25 03:00 Section: Daily DispatchesDollar Drops to Record;
UBS, JPMorgan, Merrill Lower Forecasts
By Rodrigo Davies and John Brinsley
Bloomberg News Service
Thursday, November 25, 2004
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aDP_cn5PBe4Y&refer=home
The dollar fell to $1.32 per euro for the first time and
dropped to a 4 1/2-year low against the yen as UBS
Growth in demand for gold outstrips production
Submitted by cpowell on Thu, 2004-11-25 03:00 Section: Daily Dispatches12:03p ET Thursday, November 25, 2004
Dear Friend of GATA and Gold:
Be grateful for the Bloomberg story appended here
about a new essay by Paul McCulley, managing
director of Pacific Investment Management Co., the
big bond house, but the story doesn't tell the half
of it.
For McCulley, who sits at the pinnacle of the world
financial establishment, has just acknowledged most
of what GATA Chairman "Wild Bill" Murphy has been
S. African finance minister warns textile workers against stronger rand, China
Submitted by cpowell on Thu, 2004-11-25 03:00 Section: Daily DispatchesBy Rhona O'Connell
MineWeb.com
Thursday, November 25, 204
LONDON -- The pressure is on for physical gold.
Demand is growing and production is falling. That
is according to the latest gold supply and demand
trends published by the World Gold Council
covering the third quarter released this morning
and which show a contraction in supply against
growth in demand. ...
China economic meeting this weekend prompts speculation on currency revaluation
Submitted by cpowell on Thu, 2004-11-25 03:00 Section: Daily DispatchesFinance Minister Predicts
Strong Rand Against Dollar
Mail & Guardian, Johannesburg
Thursday, November 25, 2004
http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&ao=126133
South African Finance Minister Trevor Manuel told
textile workers on Thursday that foreign-exchange
matters were critical to understanding the future