Daily Dispatches

Morgan settles Enron case with insurers

Section:

7:23p ET Tuesday, December 24, 2002

Dear Friend of GATA and Gold:

Check Gold-Eagle for a heartfelt and moving essay
by our friend who long has posted on the gold
bulletin boards under the name Farfel. It is titled
"Soothed by Golden Voices in the Darkness of My
Night," and it resonates strongly with those of us
at GATA who long have felt as if we live on
another planet or in a parallel universe, given the

Recommended reading at Gold-Eagle

Section:

J.P. Morgan says it will take $1.3 billion in charges

http://biz.yahoo.com/rc/030102/financial_jpmorgan_outlook_1.html

NEW YORK, Jan. 2 (Reuters) -- J.P. Morgan Chase & Co.
said on Thursday it would take about $1.3 billion pretax in
charges for litigation related to Enron Corp. and the global
research settlement announced late last month.

The loneliness of the parallel universe

Section:

4:58p ET Monday, December 23, 2002

Dear Friend of GATA and Gold:

Our friend Dr. Richard S. Appel, publisher of the
excellent Financial Insights newsletter, has an
essay at Kitco arguing that the fates of gold, silver,
and the dollar have been sealed by the recent
anti-deflation comments of Federal Reserve officials.
Here is one more close observer of the Fed who has
concluded that a big change in policy is under way.

Sinclair explains why U.S. government will want a higher gold price

Section:

Gold hedge fever

Hedging gold price risk may allow a producer
to make greater profits, and may depress the
price of gold in the process. Is that any
reason to sue?

By Martin Murenbeeld
National Post, Canada
Friday, December 20, 2002

http://www.nationalpost.com/financialpost/story.html?id=BA1DB2D4-
7FFA-4454-9D37-89EB65881EFD

Fates of gold, silver, and the dollar are sealed, analyst says

Section:

http://biz.yahoo.com/rc/021223/financial_jpmorgan_trial_1.html

NEW YORK, Dec. 23 (Reuters) -- A group of insurers won a small
victory against J.P. Morgan Chase on Monday when a judge ruled
that internal e-mails written by a senior member of the bank's
staff referring to "disguised loans" could be used as evidence

Morgan e-mails citing ''disguised loans'' are admitted as evidence

Section:

3:13p ET Monday, December 23, 2002

Dear Friend of GATA and Gold:

Our friend James Sinclair, chairman of Tan Range
Exploration, has written an important new essay
explaining how a higher gold price is likely to become
United States government policy for rescuing the
dollar. You can find it here:

http://www.tanrange.com/s/ChairmansCorner.asp?ReportID=45898

These Wall Street houses were rigging everything EXCEPT gold, right?

Section:

11:55p ET Thursday, December 19, 2002

Dear Friend of GATA and Gold:

Blanchard & Co.'s anti-trust lawsuit against
Barrick Gold and J.P. Morgan Chase is drawing
the usual sneers from the usual quarters.
Some of them were dispatched to you tonight,
particularly two items from the Toronto Globe
and Mail, Mathew Ingram's column and the news
story quoting MineWeb's Tim Wood and Martin
Murenbeeld of M. Murenbeeld & Associates Inc.

Despite its great run, gold still has an image problem

Section:

By James Sinclair, Chairman
Tan Range Exploration Corp.
Friday, December 20, 2002

I have learned to recognize that when a Federal Reserve chairman
discusses subjects, it is wise to take seriously not only what is
said but also that it is said. It was this approach that gave me the
cue in 1980 that Chairman Paul Volker was going to take the anti-
inflationary stance he did.It was this understanding that gave me the

Blanchard lawsuit''s critics couldn''t care less about the truth

Section:

7:41p ET Thursday, December 19, 2002

Dear Friend of GATA and Gold:

Chris Temple, editor and publisher of The National
Investor (www.NationalInvestor.com), has some
great commentary on the gold price and the
Blanchard lawsuit against Barrick and Morgan,
posted at Kitco, here:

http://www.kitco.com/ind/Temple/dec192002.html

CHRIS POWELL, Secretary/Treasurer

Greenspan hints at how gold will return, unopposed by the central banks

Section:

Billion-dollar Wall Street settlement imminent;
Executives are likely to escape prosecution

By Luisa Beltran
CBS.MarketWatch.com
7:48p ET Dec. 19, 2002

http://cbs.marketwatch.com/news/story.asp?guid=97262B3F-C9B5-4B56-
AD27-96556D3405F0&siteid=mktw

NEW YORK -- A landmark billion-dollar
settlement of Wall Street's research scandals

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