-Caveat Lector- www.ctrl.org DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance—not soap-boxing—please! These are sordid matters and 'conspiracy theory'—with its many half-truths, mis- directions and outright frauds—is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at:

http://www.mail-archive.com/ctrl@listserv.aol.com/ <A HREF="">ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]

To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED]

Om

--- Begin Message ---
-Caveat Lector-

------------------------ Yahoo! Groups Sponsor --------------------~--> 
<FONT COLOR="#000099">$9.95 domain names from Yahoo!. Register anything.
</FONT><A 
HREF="http://us.click.yahoo.com/J8kdrA/y20IAA/yQLSAA/WfTolB/TM";><B>Click 
Here!</B></A>
--------------------------------------------------------------------~-> 


By Myra P. Saefong
CBSMarketWatch.com
Friday, November 12, 2004

http://cbs.marketwatch.com/news/story.asp?guid=%7BA0C02690%2D55DF%
2D4401%2DA0D7%2D95F6483775F8%7D&siteid=mktw&dist=

SAN FRANCISCO -- Gold futures logged a gain of $4 
an ounce for the week to close Friday at a level the 
market hasn't seen since July 1988, boosted by a 
drop in the U.S. dollar and continued violence in Iraq.
    
Ongoing fighting in the Iraqi city of Fallujah and 
tensions in the Middle East have encouraged an 
element of safe-haven positioning ahead of the 
weekend, said James Moore, an analyst at 
TheBullionDesk.com in London.

Against this backdrop, gold for December delivery 
closed at $438.30 an ounce on the New York 
Mercantile Exchange, a closing level the market 
hasn't seen in more than 16 years. The contract 
logged a gain of $2.90 for the session and was 
up $4 for the week. 

"Gold continues to maintain its strong uptrend and, 
at this point, the commodity funds and individual 
traders have no reason not to bid up the price in 
anticipation of a move to $450 an ounce," said 
Dale Doelling, chief market commentator at 
Bullion.com in Chicago.

"Talk that the Bush administration's resolve 
regarding a strong dollar may be waning just helped 
to add fuel to the selling of the greenback," he said. 

A report showing that U.S. consumer sentiment 
stands at a three-month high failed to lift the dollar 
Friday. The dollar has stabilized from historical 
lows hit this week, but its tone is negative as 
focus remains on U.S. deficits.

>From here, the next significant point on the technical 
chart for gold prices is $446, the monthly high back in 
1983, said Doelling. 

"A close above that would probably put the market into 
overdrive, taking it well above $500," he said. "A close 
below $432 would signal that a short-term top may have 
been made, but that would not negate the long-term 
trend." 

Other metals futures also closed higher for the session 
as well as the week.

December silver rose 14.5 cents to close at $7.622 an 
ounce. It was up 1.6 percent for the week. December 
copper ended at $1.3945 a pound, up 2.2 cents for the 
day, and up 2.3 percent for the week.

The January platinum contract closed up $19.60, or 2.3 
percent, at $874.20 an ounce -- up 2.9 percent from a 
week ago, while December palladium ended the day at 
$221.15 an ounce, up $5 for the day and up 1.6 percent 
for the week. Traders lifted prices for the platinum group 
ahead of Tuesday's 2004 outlook for the metals from 
metals refiner and marketer Johnson Matthey.

Tracking inventories, copper supplies were down 535 
short tons at 42,281 short tons as of late Thursday, 
according to the Nymex. Silver stocks were unchanged 
at 102.9 million, while gold inventories stood at 5.33 
million troy ounces, down 129 from the previous session.

In equities, metals mining shares closed mainly higher, 
sending a key index for the sector to its highest level 
in more than seven years. 

The CBOE Gold Index closed at 98.4 -- its highest 
ending level since March 1997 -- up 2.5 percent for the 
day and 1.8 percent for the week. A nearly 5 percent 
increase in shares of Anglogold Ashanti led the climb.

The Philadelphia Gold and Silver Index rose 2.4 percent 
to close at 108.59, a level not seen since mid-February. 
It gained 1.6 percent on the week. The Amex Gold Bugs 
Index closed at 241.86, up 2 percent for the day and 1.5 
percent from the week-ago close. The Amex index ended 
at its loftiest since January.

In metals news, Coeur d'Alene Mines Corp. said it plans 
to file with the Securities and Exchange Commission to 
offer 25 million common shares. The company also 
granted the underwriters an over-allotment option of 
3.75 million shares. Bear Stearns and Harris Nesbitt will 
be co-managers. Shares of Coeur fell 13 cents, or 2.5 
percent, to end at $4.99.

Harmony Gold said its shareholders voted for the $8.1 
billion hostile takeover bid for Gold Fields Ltd. Harmony 
holders representing 85 percent of its shares voted at 
the meeting. Of the shares voted, 87.7 percent were 
voted in favor and 11.4 percent against the proposed 
merger. Harmony's stock fell 9 cents to close at $11.05. 
Gold Fields stock rose 2 cents at $14.18.

----------------------------------------------------

To subscribe to GATA's dispatches, send an e-mail to:

[EMAIL PROTECTED]

To unsubscribe, send an e-mail to:

[EMAIL PROTECTED]

----------------------------------------------------

RECOMMENDED INTERNET SITES 
FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS 
NEWS AND ANALYSIS

Free sites:

http://www.jsmineset.com

http://www.cbs.marketwatch.com

http://www.mineweb.com/

http://www.gold-eagle.com/

http://www.kitco.com/

http://www.usagold.com/

http://www.GoldSeek.com/

http://www.GoldReview.com/

http://www.capitalupdates.com/

http://www.DailyReckoning.com

http://www.goldenbar.com/

http://www.silver-investor.com

http://www.thebulliondesk.com/

http://www.sharelynx.com/

http://www.mininglife.com/

http://www.financialsense.com

http://www.goldensextant.com

http://www.goldismoney.info/index.html

http://www.howestreet.com

http://www.depression2.tv

http://www.moneyfiles.org/

http://www.howestreet.com  

http://www.minersmanual.com/minernews.html

http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html

http://www.goldcolony.com

http://www.miningstocks.com

http://www.mineralstox.com

http://www.freemarketnews.com

http://www.321gold.com

http://www.SilverSeek.com

http://www.investmentrarities.com

http://www.kuik.com/KH/KH.html
  (Korelin Business Report -- audio)

http://www.plata.com.mx/plata/home.htm
  (In Spanish)
http://www.plata.com.mx/plata/plata/english.htm
  (In English)

http://www.resourceinvestor.com/


Subscription sites:

http://www.lemetropolecafe.com/

http://www.hsletter.com

http://www.investmentindicators.com/


Eagle Ranch discussion site:

http://os2eagle.net/checksum.htm


Ted Butler silver commentary archive:

http://www.investmentrarities.com/

----------------------------------------------------

COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED 
BY OUR MEMBERS

Blanchard & Co. Inc.
909 Poydras St., Suite 1900
New Orleans, Louisiana 70112
888-413-4653
http://www.blanchardonline.com


Centennial Precious Metals
3033 East 1st Ave., Suite 403
Denver, Colorado 80206
www.USAGold.com
Michael Kosares, Proprietor
US (800) 869-5115
Canada 1-800-294-9462
European Union 00-800-2760-2760
Australia 0011-800-2760-2760
[EMAIL PROTECTED]


Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
www.ColoradoGold.com
Don Stott, Proprietor
1-888-786-8822 
[EMAIL PROTECTED]


El Dorado Discount Gold
Box 11296
Glendale, Arizona 85316
http://www.eldoradogold.net
Harvey Gordin,  President
Office: 623-434-3322
Mobile: 602-228-8203
[EMAIL PROTECTED]


Investment Rarities Inc.
7850 Metro Parkway
Minneapolis, Minnesota 55425
http://www.gloomdoom.com
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889 
[EMAIL PROTECTED] 


Kitco
178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826 
Fax: 518-298-3457 
  and
620 Cathcart, Suite 900
Montreal, Quebec H3B 1M1
Canada
Toll-free:1-800-363-7053 
Fax: 514-875-6484
http://www.kitco.com


Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000 
[EMAIL PROTECTED]


Miles Franklin Ltd.
3015 Ottawa Ave. South
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
http://www.milesfranklin.com
Contacts: David Schectman, 
Andy Schectman, and Bob Sichel


Missouri Coin Co.
11742 Manchester Road
St. Louis, MO 63131-4614
[EMAIL PROTECTED]
314-965-9797
1-800-280-9797
http://www.mocoin.com


Resource Consultants Inc. 
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
[EMAIL PROTECTED]


Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
http://www.swissamerica.com
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
[EMAIL PROTECTED]

----------------------------------------------------

HOW TO HELP GATA

If you benefit from GATA's dispatches, please 
consider making a financial contribution to 
GATA. We welcome contributions as follows.

By check:

Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, CT 06043-7541
USA

By credit card (MasterCard, Visa, and
Discover) over the Internet:

http://www.gata.org/creditcard.html


By GoldMoney:

http://www.GoldMoney.com
Gold Anti-Trust Action Committee Inc.
Holding number 50-08-58-L


Donors of $750 or more will, upon request, 
be sent a print of Alain Despert's colorful 
painting symbolizing our cause, titled "GATA."

GATA is a civil rights and educational 
organization under the U.S. Internal Revenue 
Code and contributions to it are tax-deductible 
in the United States. 

-END-




 

Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/gata/

<*> To unsubscribe from this group, send an email to:
    [EMAIL PROTECTED]

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/
 





www.ctrl.org
DECLARATION & DISCLAIMER
==========
CTRL is a discussion & informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!   These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:

http://www.mail-archive.com/ctrl@listserv.aol.com/
<A HREF="http://www.mail-archive.com/ctrl@listserv.aol.com/";>ctrl</A>
========================================================================
To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]

To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
SIGNOFF CTRL [to:] [EMAIL PROTECTED]

Om

--- End Message ---

Reply via email to