Daily Dispatches

Howe won despite dismissal of his suit against gold price fixers -- Part 1

Section:

By John Crudele
New York Post
April 2, 2002
http://www.nypost.com/business/44932.htm

With the economy looking extraordinarily weak back
in January and Alan Greenspan just about out of room
to cut interest rates, the Federal Reserve considered
a variety of "unconventional" emergency measures.

Recently-released comments from the policy-making

TheMiningWeb.com reports on Howe lawsuit''s dismissal

Section:

2:10p ET Thursday, March 28, 2002

Dear Friend of GATA and Gold:

Reg Howe's lawsuit against the Bank for International
Settlements, the U.S. Treasury Department, the
Federal Reserve, and the bullion banks was dismissed
today by Judge Reginald Lindsay in U.S. District Court
in Boston. We haven't analyzed the decision yet, but with
Adobe Acrobat, you can read it on the Internet here:

http://pacer.mad.uscourts.gov/recentopinions.html

Mining analysts point to smaller companies

Section:

By Kevin Drawbaugh

WASHINGTON, March 26 (Reuters) -- Enron Corp. shareholders
are expected to unveil a lawsuit next week against big
investment banks with ties to the bankrupt energy trader,
threatening a legal battle with potentially devastating
consequences for Wall Street, lawyers said on Tuesday.

Frustrated at the dwindling resources of Enron and its former
auditor Andersen, plaintiffs' lawyers were on the verge of

Gold price-fixing lawsuit dismissed in U.S. District Court in Boston

Section:

Gold strategists dig deeper for profit;
mining analysts point to small-fry companies

By Thom Calandra
CBS.MarketWatch.com
March 28, 2002

SAN FRANCISCO -- With spot gold above $300 an ounce, the
question becomes, what's still a steal? Very little, it turns out.

Established gold companies are trading at 10 to 15 times cash
flow. Smaller ones, like Durban Roodepoort in South Africa,
have become the new momentum stocks. This $3.50 stock is

The manipulation is in the open now, and it''s faltering

Section:

Fed considered emergency measures to save economy

By Peronet Despeignes
Financial Times
March 24, 2002
http://markets.ft.com/ft/gx.cgi/ftc?
pagename=View&c=Article&cid=FT3ZO6O38ZC&live=true&tagid=IXLTN37YICC&su
bheading=currencies%20&%20money

WASHINGTON -- The U.S. Federal Reserve in January
considered a variety of "unconventional" emergency

A new gold investor contemplates gold''s morality

Section:

Gold's easy money lures Wall Street
Mining industry unblemished in shaky times

By Thom Calandra
CBS.MarketWatch.com
March 26, 2002

SAN FRANCISCO (CBS.MW) -- Maybe you heard the
ad: "You bought the stock last night, and next morning,
the CEO is on the stand, pleading the Fifth."

It's that kind of market.

Maybe your favorite corporate chieftain is hung over
from shopping sprees, wiping tens of billions of dollars

Gold''s easy money lures Wall Street

Section:

2:27a ET Tuesday, March 26, 2002

Dear Friend of GATA and Gold:

Monday's first big news was the Financial Times story
about the latest minutes released by the Federal
Reserve's Federal Open Market Committee, in which
the Fed is seen contemplating openly buying
equities to keep the stock market bubble inflated
in case interest rate cuts fail to do so. Gold was
prominently mentioned in the story. So now

Enron''s victims preparing lawsuits against big investment banks

Section:

3:25p ET Tuesday, March 26, 2002

Dear Friend of GATA and Gold:

Part of an exchange I had this week with a newcomer
to gold investing raised the issue of its morality.
Maybe it will interest you, so it's below.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

-----------------------------------------

Dear Chris:

An essay titled "The Morality of Gold Jewelry," written

Fed considers buying stocks if interest rate cuts fail

Section:

By Peronet Despeignes
Financial Times
March 24, 2002
http://markets.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3ZO6O38ZC&
live=true&tagid=IXLTN37YICC&subheading=currencies%20&%20money

WASHINGTON -- The U.S. Federal Reserve in January
considered a variety of "unconventional" emergency

Fed considers buying stocks if interest rate cuts fail

Section:

4:14p ET Sunday, March 24, 2002

Dear Friend of GATA and Gold:

Here's the latest in the dispute between Kinross Gold and
certain holders of Kinam Gold preferred shares, the latter
represented in part by GATA consultant Reginald H.
Howe:

http://biz.yahoo.com/prnews/020321/to256_1.html

http://www.goldensextant.com/Kinross-Kinam.html#anchor21348

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