Oct. 29 (Bloomberg) -- The following are the top stories on metals, agriculture and shipping. ECONOMIC EVENTS: *T Forecast Prior Time (N.Y.) U.S. GDP 2.0% 1.7% 8:30 U. of Michigan Confidence 68 67.9 9:55 U.S. Agriculture Prices Received xx 19.0% 15:00 METALS: Last % Chg RSI Copper 8,206 -1.6 51 Aluminum 2,326 -0.9 49 Zinc 2,419 -3.0 54 Lead 2,440 -2.6 54 Nickel 22,835 -1.1 43 Tin 25,350 -3.4 49 OTHER MARKETS: Last % Chg % YTD U.S. Dollar Index 77.509 +0.3 +2.1 Crude Oil $81.71 -0.6 +2.3 Gold $1,341.7 -0.2 +28 MSCI World Index 1,218.14 -0.3 +8.0 *T *T COMMODITY EXCLUSIVES: Gold Will Outlive Dollar Once Slaughter Comes: John Hathaway The world's monetary system is in the process of melting down. We have entered the endgame for the dollar as the dominant reserve currency, but most investors and policy makers are unaware of the implications. Coffee Supply May Tighten on Indian Delay, Lower Vietnam Output Global coffee supplies may tighten after an Indian exporters' group forecast a delay in harvesting because of extended rains and an industry association in Vietnam said that production may decline, potentially boosting prices. Potash's Doyle 'Waiting for Godot' to Trump BHP Offer (Update1) Potash Corp. of Saskatchewan Inc. Chief Executive Officer Bill Doyle urged patience for investors expecting an alternative to BHP Billiton Ltd.'s $40 billion bid, two months after starting talks with potential suitors. Silver, Palladium Flows Show Swing to Recovery: Chart of Day Accelerating purchases of palladium, platinum and silver at the expense of gold signals investors may be increasing bets on an economic recovery. Valars May Hold Farm Unit IPO in Warsaw, Owner Says (Update1) Valars Group, Russia's third-biggest grain trader last year, may sell shares in its Valinor farming unit in the first half of next year through an initial public offering on the Warsaw Stock Exchange. INDUSTRIAL METALS: India Seeks Ban on Iron-Ore Shipments, Minister Says (Update1) India, the world's third-largest iron-ore exporter, should ban shipments overseas to ensure that local steelmakers have adequate supplies of the raw material, according to Steel Minister Virbhadra Singh. Copper Declines, Paring Fourth Monthly Gain, on Stronger Dollar Copper fell in London, paring a fourth monthly gain, as a stronger dollar eroded demand for industrial metals as an alternative investment. Anglo Gets Two Minas Rio Permits, Project 'On Track' (Update1) Anglo American Plc, suffering delays and cost overruns at its biggest project, said the company has secured two more of the "key licenses" it needs to start operations at its Minas Rio iron-ore development in Brazil. MINING: Xstrata Gets Approval to Expand Australia's George Fisher Mine Xstrata Plc said the Queensland government approved a A$274 million ($246 million) expansion of Xstrata Zinc's George Fisher Mine in Mount Isa, to increase the production rate by almost 30 percent from 2013. PRECIOUS METALS: Gold Declines in London as Stronger Dollar Cuts Investor Demand Gold fell in London as a stronger dollar curbed demand for the precious metal as an alternative investment. China Silver Exports Won't Gain With Quota Rise, Antaike Says Silver exports from China are unlikely to rise even after the government increased the quota by more than 10 percent for next year because domestic demand is rising, said Beijing Antaike Information Development Co. Gold May Decline on Concern Prices Rose Too High, Survey Shows Gold may decline on concern that prices rose too high amid speculation about Federal Reserve asset purchases, a survey found. AGRICULTURE: China to Curb Speculation in Agriculture Commodities, Wanda Says China's move to increase margin limits on agricultural futures including rubber and rice is aimed at curbing trading risks and containing inflation as prices surge, an analyst at Wanda Futures Co. said today. Cocoa Drops to One-Week Low on Ivory Coast Election Speculation Cocoa fell to the lowest price in more than a week in London and New York on speculation that an election in Ivory Coast, the world's biggest grower, may spur production. White sugar slid the most in a week. Ivory Coast Seeks Stability, Growth With Election (Update1) Ivory Coast is holding its first presidential election in a decade this weekend, the latest effort to restore political stability and revive investment in the world's biggest cocoa producer. Rubber Drops Most in 4 Months as Shanghai Bourse Raises Margins Rubber slumped by the most in four months, paring a monthly increase, on concern that China would tighten trading rules to curb excessive speculation and as Japan's industrial output dropped at a faster pace last month. Togo Expects to Boost Cotton Production as Crops Avoid Floods Togo, one of the world's poorest countries, expects to meet a target of increasing cotton output 70 percent this season after the bulk of the crop avoided the worst effects of flooding. ECONOMIES: Economy in U.S. Probably Picked Up as Consumer Spending Climbed The U.S. economy probably grew at a faster pace in the third quarter as consumer spending climbed, a sign the expansion is developing staying power, economists said before a report today. China Can Agree to U.S. Rebalancing Proposals, PBOC's Li Says China will be able to agree to U.S. proposals for rebalancing trade and can cut its surplus from exports "dramatically" within three years, said Li Daokui, an academic adviser to the Chinese central bank. China May Clamp Down on Yuan as Exports Tumble: Chart of Day China's exports may slide from year- earlier levels in coming months, providing justification for the government to rein in gains by the yuan against the dollar, according to Royal Bank of Scotland Plc. Irish, Spanish Banks Failing to Kick ECB Habit: Euro Credit Greek, Irish and Spanish banks are falling behind their counterparts across Europe in reducing their dependence on emergency central bank funding because they can't find investors willing to buy their bonds. Britons' Confidence Rises in Cuts 'Prelude,' GfK Says (Update1) U.K. consumer confidence unexpectedly rose in October as sentiment held up before Prime Minister David Cameron's government unveiled the scope of its budget squeeze, GfK NOP Ltd. said. OTHER MARKETS: Stocks, U.S. Futures, Commodities Fall; Greek Bonds Decline Stocks, U.S. index futures and commodities fell before a government report that may show the American economy needs more central-bank stimulus. Greek bonds sank on concern the nation's lenders need more capital. Yen Rises as Reports Signal Asia Recovery Slowing; Aussie Drops The yen rose against all of its major counterparts as stocks dropped amid signs the economic recovery is slowing, boosting demand for safer assets. European Stocks Retreat; Sandvik, Piraeus Bank, Rio Tinto Fall European stocks fell, trimming the Stoxx Europe 600 Index's first October rally in three years, as concern mounted that further stimulus will fail to sustain the pace of the economic recovery. Poll Shows Americans Don't Know Economy Expanded With Tax Cuts The Obama administration cut taxes for middle-class Americans, expects to make a profit on the hundreds of billions of dollars spent to rescue Wall Street banks and has overseen an economy that has grown for the past four quarters. MGM, Dubai World Refinancing $1.8 Billion CityCenter Bank Loan MGM Resorts International and Dubai World, owners of the CityCenter development on the Las Vegas Strip, are seeking to refinance the property's $1.8 billion loan to extend maturities. SPORTS: United's Rooney May Be Out Longer Than Expected, Ferguson Says Manchester United striker Wayne Rooney may be sidelined longer than first thought by an ankle injury, manager Alex Ferguson said. United Trio to Gets Middle Eastern Offers, Sun Says: Roundup The following is a roundup of soccer stories from U.K. newspapers, with clickable links to the Web. Goldman Sachs, Apple Might Top This Wish List: William Pesek Leave it to tiny Singapore to tell us where the global economy is heading.

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