Daily Dispatches

Are gold and GATA on the wrong side of history?

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Newmont-Battle Mountain deal
is piece in consolidation puzzle

By David McKay and Keith Damsell
www.theminingweb.com
June 21, 2000

AngloGold, Barrick, and Newmont are tipped to
accelerate the consolidation of the world's gold
industry, according to analysts in South Africa, the UK
and North America. This follows the second gold merger
in ten days with Newmont Mining swallowing rival Battle

Reflections by Reg Howe

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12:45a EDT Monday, June 19, 2000

Dear Friend of GATA and Gold:

Think for a minute before you get all agitated by the
proposal, made last week at the conference of the
International Precious Metals Institute in
Williamsburg, Va., by an economist for the U.S. Federal
Reserve Board, Dale Henderson, that all central banks
should sell all their gold.

Some argue that Henderson would not have made such a

A reply to Ted Butler''s suggestions for GATA

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By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
June 18, 2000

GATA and its friends owe deep thanks to our committee
member, Wayne Wagner of Maryland, who on GATA's behalf
just attended the International Precious Metal's
Institute conference in Williamsburg, Va.

Wayne also has been communicating with the Census
Bureau, Commerce Department, and other government
officials about the U.S. gold trade figures. Already he

Fed economist advocates selling all govt. gold

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2:15p EDT Sunday, June 18, 2000

Dear Friend of GATA and Gold:

Sanders Research Associates, an economic analysis company
based in Ireland, has just published in its widely read Quarterly
Commentary an interview with GATA Chairman Bill Murphy about
the suppression of the price of gold. It's well-done and worth sharing
with the financial press and anyone interested in the markets. You
can read it at the GATA web site at:

What if central banks have dumped their gold already?

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12:10a EDT Monday, June 19, 2000

Dear Friend of GATA and Gold:

GATA gets many suggestions, and some were offered to
us publicly the other day by Ted Butler, who frequently
has written about the precious metals markets and
particularly about silver.

Butler's essay is posted at:

http://www.gold-eagle.com/gold_digest_00/butler061100.html

Interview with GATA Chairman Bill Murphy

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Why Barrick has most to lose
from Gold Fields-Franco-Nevada merger

By Keith Damsell
www.miningweb.com
June 14, 2000

The $3.7 billion merger of Franco-Nevada and Gold
Fields is expected to send a shock wave across Canada's
mining sector with a wide mix of players feeling the
impact of the deal.

"This changes the face of the industry," said one
Toronto analyst that's working on the merger. "There's

Gold Fields/Franco merger bad for Barrick

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11a EDT Tuesday, June 13, 2000

Dear Friend of GATA and Gold:

Below is the press release announcing the merger of
Gold Fields and Franco-Nevada. The people at these
companies believe in gold's historic purposes and
have been acting from that belief, and so I think
that this couldn't be better for the gold cause.

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

Gold Fields and Franco-Nevada to merge

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Copyright 2000, www.LeMetropoleCafe.com
Not to be reproduced without permission
----------------------------------------------

By Bill Murphy
www.LeMetropoleCafe.com
June 11, 2000

Spot gold $286.50, up $2.80
Spot silver $5.03, down 2 cents

Technicals

They could not look better! A spike up from $270+ spot
gold to $292. Then a run of several one-day small
pullbacks, with the 200 day moving average holding like

Gold price suppression summarized, documented by Howe

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By Bill Murphy, Chairman
Gold Anti-Trust Action Committee
June 10, 2000

Neil Behrman of www.miningweb.com called me last week
about a story he was doing on the recently revealed
gold derivative positions. Here's what Behrman
wrote:

* * *

Bullion Banks' $190 Billion Derivatives Position

By Neil Behrman
www.MiningWeb.com
June 8, 2000

Gold bulls have been thwarted again.

An extensive $20 short covering rally by commodity

Midas commentary for June 12, 2000

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9:45p EDT Monday, June 12, 2000

Dear Friend of GATA and Gold:

For evidence that GATA's "Gold Derivative
Banking Crisis" report is zipping around
the world, you might want to check out an
interesting essay by Adam Hamilton at
www.Gold-Eagle.com. Hamilton analyzes the
leverage to the gold price of three leading
South African mining companies, Gold Fields,
Harmony, and Durban Deep, and GATA's report

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