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Daily Dispatches
Gold is alive again, but it won''t be straight up
Submitted by cpowell on Tue, 1999-09-28 03:00 Section: Daily Dispatches11:10p EDT Monday, September 27, 1999
Dear Friend of GATA and Gold:
Harry Schultz, for 36 years publisher of The
International Harry Schultz Letter, issued the
following statement today, giving GATA and its
chairman, Bill Murphy, credit for helping to bring
about yesterday's announcement by the 15
central banks in support of gold.
The Schultz statement:
quot;The world's highest-paid investment consultant
Tower''s View: Buying panic will continue
Submitted by cpowell on Tue, 1999-09-28 03:00 Section: Daily Dispatches10p EDT Tuesday, September 28, 1999
Dear Friend of GATA and Gold:
I'm sending along tonight the daily market wrapup from
Reuters because of the remarkable comments it offers
from mainstream analysts favorable to gold, comments
that predict a gold price of $340-$350. Perceptions
sure have changed fast.
On the other hand, we'd all do well to note Steve
Kaplan's remarks tonight at www.goldminingoutlook.com.
No sell signal until there''s a bankruptcy
Submitted by cpowell on Tue, 1999-09-28 03:00 Section: Daily Dispatches10:45p EDT Tuesday, September 28, 1999
Dear Friend of GATA and Gold:
Here's a very interesting post at www.usagold.com,
the quot;After the Close: The Golden View from the Towerquot;
commentary. It contrasts dramatically with Steve
Kaplan's short-term sell signal. It sees the buying
panic for gold continuing.
Please post this as seems useful.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
Gold soars as central banks cap sales
Submitted by cpowell on Mon, 1999-09-27 03:00 Section: Daily Dispatches11:55p EDT Sunday, September 26, 1999
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy told you last week in his
quot;Midasquot; commentaries that something like this was about
to happen. Here's a flash he dispatched tonight to
subscribers at www.lemetropolecafe.com. As I write gold
on the overseas markets is up $10.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
Another 20% predicted for gold shares
Submitted by cpowell on Mon, 1999-09-27 03:00 Section: Daily Dispatches9:30a EDT Monday, September 27, 1999
Dear Friend of GATA and Gold:
Here's this morning's good news. Let's be thankful for
it. But vigilant too -- the bad guys surely still have
some tricks up their sleeves. We'll be watching them.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
GOLD SOARS AS CENTRAL BANKS
ANNOUNCE SALES RESTRICTIONS
LONDON, Sept 27 (Reuters) -- Gold surged 6 percent to
Midas on the tide in gold''s favor
Submitted by cpowell on Mon, 1999-09-27 03:00 Section: Daily Dispatches10:30p EDT Monday, September 27, 1999
Dear Friend of GATA and Gold:
What a day -- 21 percent on the XAU! Here's to many
more days like this as the shorts try to locate all the
gold they've sold, without the help of all those central
banks.
And in that hope, you may enjoy this story from
Bloomberg News. A mainstream analyst is predicting
ANOTHER 20 percent rise in gold shares.
Looks like the perception of gold has changed
Schultz says GATA prodded central banks
Submitted by cpowell on Mon, 1999-09-27 03:00 Section: Daily Dispatches11:15p EDT Monday, September 27, 1999
Dear Friend of GATA and Gold:
Here are excerpts from a long and meaty quot;Midasquot;
commentary by GATA Chairman Bill Murphy served
tonight at www.lemetropolecafe.com.
The whole commentary can be read without charge by
taking a free trial membership to the cafe. I'm grateful
to Bill for letting me share some of it with you here.
Please post this as seems useful.
FLASH! Central Banks terrorize the shorts
Submitted by cpowell on Sun, 1999-09-26 03:00 Section: Daily Dispatches11:12p EDT Friday, September 24, 1999
Dear Friend of GATA and Gold:
Can you handle even more encouragement tonight? If so,
here's a bulletin posted at the web site of the Tocqueville
Fund, www.tocqueville.com, by John Hathaway, whose
masterful essay, quot;The Golden Pyramid,quot; defined and
predicted the gold market a few weeks ago.
Please post this as seems useful.
CHRIS POWELL, Secretary
Hedge funds scratch for gold in Switzerland
Submitted by cpowell on Fri, 1999-09-24 03:00 Section: Daily Dispatches11:30p EDT Tuesday, September 21, 1999
Dear Friend of GATA and Gold:
Here are two important essays by Reginald H. Howe, a
Harvard-trained lawyer who has worked in mining and
finance and whose essay speculating that the gold of
central banks was being mobilized to bail out the
Japanese economy was posted to you here some weeks
ago.
Reg's work is posted at his web site,
www.goldensextant.com.
CBSMarketWatch promotes ... gold!
Submitted by cpowell on Fri, 1999-09-24 03:00 Section: Daily Dispatches9:30p EDT Friday, September 24, 1999
Dear Friend of GATA and Gold:
Here is Thursday's commentary at www.lemetroplecafe.com
by GATA Chairman Bill Murphy. Note particularly his
disclosure that hedge fund representatives are in
Switzerland scratching for gold to cover their short
positions. This is big news in favor of our side.
Please post this as seems useful.
CHRIS POWELL, Secretary
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