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Fed, Treasury manipulate market with leaked information, unregulated derivatives
7:44p ET Monday, June 9, 2003
Dear Friend of GATA and Gold:
South African gold analyst Victor Hugo has just
gotten even more enthusiastic about gold's
prospects, and offers compliments for GATA
besides, so how can we resist recommending
his latest essay at Kitco? You can find it here:
a href=http://www.kitco.com/ind/Hugo/jun092003.htmlhttp://www.kitco.com/ind/Hug...
Meanwhile, Jim Sinclair has two commentaries
today. The first predicts a stampede into gold
if Japan starts levying heavy taxes on bank
deposits, as has actually been proposed in that
country and even has been suggested for the
United States by a report issued by the Dallas
Federal Reserve Bank. Sinclair's second
commentary predicts a short-term fall in the
gold price because there has been what he
considers too much favorable publicity about
gold in the Financial Times lately. Sinclair
is the master of technical analysis, so let's
hope that reading the mood of the FT is
something a bit different. You can find
Sinclair's commentaries here:
a href=http://www.jsmineset.com/s/Home.asphttp://www.jsmineset.com/s/Home.asp/a
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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Subscription site:
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Michael Kosares, Proprietor
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Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
figoldstein@buycoin.com
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