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Gold stock gains point to market meltdown
Submitted by cpowell on Wed, 2002-07-10 03:00 Section: Daily DispatchesDRD closes out hedge book
a href=http://www.news24.com/News24/Finance/Companies/0,4186,2-8-http://www.new...
24_1210522,00.html
July 8, 2002
Johannesburg -- Durban Roodepoort Deep said on
Monday it had closed out its full revenue hedge book.
quot;The outstanding fixed loss on the close-out was
US$17 million, which will be repaid within the current
Hedge book closed, Durban now is fully exposed to spot price
Submitted by cpowell on Mon, 2002-07-08 03:00 Section: Daily Dispatches10:26p ET Sunday, July 7, 2002
Dear Friend of GATA and Gold:
Our dispatch Friday of GATA Chairman Bill Murphy's
appeal for support for U.S. Rep. Ron Paul's
Monetary Reform and Accountability Act should
have included the file number of the legislation:
H.R. 3732. Bill's appeal is appended here.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
By Bill Murphy, Chairman
Rep. Paul''s Monetary Reform and Accountability Act is H.R. 3732
Submitted by cpowell on Sun, 2002-07-07 03:00 Section: Daily Dispatches6:30p ET Saturday, July 6, 2002
Dear Friend of GATA and Gold:
You might be interested in the following
correspondence about the commodities
exchanges.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Dear GATA:
I'm a proud member of the GATA army, and I've
been following your Internet postings for
several years. Tonight I'm extremely
frustrated, as usual, and I feel compelled to
An exchange about the commodities exchange
Submitted by cpowell on Sat, 2002-07-06 03:00 Section: Daily Dispatches11:18p ET Friday, July 5, 2002
Dear Friend of GATA and Gold:
Thanks to Marv Campbell of Rancho Santa Fe,
Calif., for alerting us to the column about
gold by columnist Don Bauder in the San Diego
Union-Tribune on May 29. As Marv writes,
quot;This could have been ghostwritten by GATA.quot;
Bauder's column is appended here.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold Stock Analyst''s Doody says government intervenes secretly to cap gold
Submitted by cpowell on Fri, 2002-07-05 03:00 Section: Daily DispatchesBy Gary Parkinson
London Telegraph
July 4, 2002
a href=http://money.telegraph.co.uk/money/main.jhtml?http://money.telegraph.co....
xml=/money/2002/07/03/cndye03.xmlamp;sSheet=/money
/2002/07/03/ixcity.html
Tony Dye, the fund manager dubbed quot;Doctor
Doomquot; for his pessimistic outlook on stock
markets during the technology boom, warned
yesterday of a quot;lurking time bombquot; of
House committee needs to hear from you in support of Paul''s gold legislation
Submitted by cpowell on Fri, 2002-07-05 03:00 Section: Daily DispatchesBy Thom Calandra, Editor
CBS.MarketWatch.com
Friday, July 5, 2002
Gold investors say they are more convinced than ever
their metal will resume its rally as others fall victim
to a stock-market crash later this year.
Yet believers in gold, which has rallied on the back of
Mideast and India-Pakistan turmoil and a relentless
stock market decline, say the rules have changed in
the past two weeks. Gold's spot price, once flirting with
More newspaper notice for the short position in gold: San Diego Union-Tribune
Submitted by cpowell on Fri, 2002-07-05 03:00 Section: Daily DispatchesBy Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
Friday, July 5, 2002
I spoke this week with Norman Singleton,
U.S. Rep. Ron Paul's legislative aide, about what the
GATA Army could do to assist the congressman
with his Monetary Reform and Accountability
Act. The bill simply requires the president and
Treasury secretary to get the approval of Congress
before intervening in the gold market.
Hedge fund manager warns of derivatives time bomb
Submitted by cpowell on Thu, 2002-07-04 03:00 Section: Daily Dispatches9:32p ET Wednesday, July 3, 2002
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy was interviewed today by
Jim Pupalava's quot;Financial Sense Newshour,quot; which, with
the right audio programming, you can hear over the
Internet here:
a href=http://www.financialsense.com/Experts/2002/Murphy_B.htmhttp://www.financ...
Scroll toward the bottom left of the page and click on
GATA Chairman Murphy interviewed on Financial Sense Newshour
Submitted by cpowell on Wed, 2002-07-03 03:00 Section: Daily Dispatches8:32p ET Friday, June 21, 2002
Dear Friend of GATA and Gold:
Royal Bank of Canada is dissociating itself from the
pro-gold and pro-GATA report, disclosed yesterday,
issued by the bank's investment house, RBC Global
Investment Management Inc.
Thom Calandra of CBSMarketWatch, whose column
about the report was sent to you by GATA today, has
updated the column with this paragraph based on an
London Telegraph picks up RBC gold price suppression report
Submitted by cpowell on Sun, 2002-06-30 03:00 Section: Daily Dispatches11:35a ET Sunday, June 30, 2002
Dear Friend of GATA and Gold:
The RBC Global Investment Management report
endorsing GATA's assertions of manipulation
of the gold market has crossed the Atlantic
from Toronto to London, where the Telegraph
newspaper has a story about it in Sunday's
edition.
The story's use of the word quot;retractionquot; is a
bit misleading, since RBC did not quot;retractquot;