Daily Dispatches

WALLOPED DOLLAR TO ACCELERATE GOLD

By Thom Calandra
CBSMarketWatch.com
May 10, 2002

SAN FRANCISCO (CBS.MW) -- The possession of gold,
Thomas Bailey Aldridge once said, has ruined fewer
men than the lack of it.

This column isn't about Aldridge, the American short-story
writer who quit school at age 13 to write for 19th-century
magazines. I just put it there so you can turn away from this

Barrick Gold Corp. press release

* * *

Barrick To Simplify Premium Gold Sales Program

WILL FOCUS ON CORE SPOT-DEFERRED CONTRACTS
AS CALL POSITION IS REDUCED;
ALL AMOUNTS IN UNITED STATES DOLLARS

TORONTO, May 8, 2002 -- Barrick Gold Corp. announced today at
its annual meeting in Toronto that it is simplifying its Premium
Gold Sales Program. The company said it will not renew its gold

DERIVATIVES MAY BE THE REAL BOMB

By Thom Calandra
www.cbs.marketwatch.com
May 6, 2002

SAN FRANCISCO (CBS.MW) -- Berkshire Hathaway's Buffett is
an insurance executive, so he's entitled to talk about risk from
nuclear bombs.

Why shouldn't he? Palestinian supporter Sultan Abul-Aynayn
not so long ago was quoted as saying, quot;If one hair on the head
of Yasser Arafat is harmed, the U.S. had better protect its

By Thom Calandra
CBS.MarketWatch.com
May 7, 2002

SAN FRANCISCO (CBS.MW) -- Where is the QQQ
for gold?

Mining executives are probing demand for an
electronic proxy for gold, in theory similar
to the so-called Nasdaq 100 cubes (QQQ). With
gold-mining shares at three-year highs in
North America and other markets around the
world, individual interest in the metal is
rising.

Small-lot traders on New York's Comex, the