Daily Dispatches

Howe reviews his legal struggle against gold''s enemies


9:08p ET Thursday, April 4, 2002

Dear Friend of GATA and Gold:

A remarkable financial market commentary that
centered on GATA's work was distributed
yesterday by the Knight-Ridder/Tribune news
service and published at the CNN and London
Evening Standard Internet sites.

While we don't know at this hour how extensively
the commentary has been published in the United
States, the Knight-Ridder/Tribune news service is

GATA cracks U.S. news media blackout


8:45p ET Thursday, April 4, 2002

Dear Friend of GATA and Gold:

Just when the Masters of the Universe may
have thought it was safe to go back in the
gold pool, GATA's Reginald H. Howe has filed,
in U.S. District Court in Boston, a motion to
amend the judgment of Judge Reginald Lindsay
in the case of Howe vs. Bank of International
Settlements et al.

That is, the Howe case, while dismissed by

Howe files motion for more proceedings in case against BIS and U.S. government


Having read this far through the ruling, it
was becoming clear that the judge was
stretching to justify his conclusions. But
the most egregious statement was yet to come
in the tortured reasoning offered in the
following conclusion: "The 17 directors of
the BIS voted unanimously to adopt the
mandatory share redemption plan. Only two of
the directors, Greenspan and McDonough, are
defendants in this case. Given the votes of

The Fed is intervening directly in the stock market


10:26p ET Monday, April 1, 2002

Dear Friend of GATA and Gold:

TheMiningWeb.com's Tim Wood has an essay about
the dismissal of Reg Howe's federal lawsuit against
the U.S. government, the Bank for International
Settlements, and the bullion banks. You can find it


Howe won despite dismissal of suit against gold price fixers -- Part 2


By James Turk
The Freemarket Gold & Money Report

The long-awaited ruling from Judge Lindsay
has arrived. All claims against the Bank for
International Settlements and the other
defendants in Reg Howe's lawsuit have been

When I received this news, my initial
reactions were dismay and disappointment, but
I was also surprised. The wrongdoing by the
Defendants appears so clear-cut, and the

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


By John Crudele
New York Post
April 2, 2002

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


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:


Mining analysts point to smaller companies


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


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

By Thom Calandra
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


Fed considered emergency measures to save economy

By Peronet Despeignes
Financial Times
March 24, 2002

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

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