Daily Dispatches

Part 2, ROB-TV interview with John Embry of Sprott Asset Management

Section:

11:53p ET Friday, June 20, 2003

Dear Friend of GATA and Gold:

Thanks to GATA's great friend Mark E. Webber, B.F.A.,
there's a great treat for you tonight -- a transcript
of the interview with Sprott Asset Management President
John Embry on the June 11 "Market Call" program on
ROB-TV in Canada, hosted by Jim O'Connell.

Preparing the transcript took enormous effort but it was

Newmont waives minimum tender condition for Yandal

Section:

12:15p ET Thursday, June 19, 2003

Dear Friend of GATA and Gold:

Peter Brimelow of CBSMarketWatch wonders why
financial analysts pay so little attention to foreign
exchange and currency valuation issues, and says
the fate of the dollar is tied to China's currency.
In turn gold's future is tied to the dance of the
currencies.

Brimelow's commentary can be found here:

http://cbs.marketwatch.com/news/story.asp?guid=%7BFE3BFF29%2D3A1B%

Sinclair says it''s time to commit fully to gold investments

Section:

http://biz.yahoo.com/prnews/030616/lam060_1.html

Newmont Press Release

DENVER, June 16 -- Newmont Mining Corporation today
extended the consent payment deadline in regard to the
offer through its subsidiary, Yandal Bond Company
Limited, to acquire all of the outstanding 8 7/8 percent
Senior Notes due April 2008 issued by Newmont's

Gold is invited to the dance of the currencies

Section:

By Thom Calandra, Editor
CBSMarketWatch.com
June 18, 2003

Gold's price is on the verge of staging a
powerful summer rally in all currencies,
boosting bullion producers and their more
risky counterparts, exploration companies.

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

For the full commentary:

http://aolpf5.marketwatch.com/news/story.asp?guid=%7B90DAF2E9%2D226D%

Summer rally for gold in all currencies, Calandra predicts

Section:

By Jim Sinclair
June 18, 2003
http://www.jsmineset.com

There's a time to be skeptical and a time not to be.
Gold shares are reflecting a significant up-tick in
market sentiment and the motivating factor appears
to be renewed interest from the "establishment"
investment crowd.

Their interest in gold shares is based on the
assumption that a weaker dollar is positive for

Why are gold and the gold shares running so well amid a general market rally?

Section:

10:28p ET Sunday, June 15, 2003

Dear Friend of GATA and Gold:

While the financial world speculates about gold,
GATA consultant Reg Howe once again digs
out the source material and reports the facts.

In his new commentary tonight, titled "Not
Your Father's Gold Market," Howe analyzes the
latest figures on gold derivatives as reported
by the Bank for International Settlements and

Newmont again extends deadline for Yandal hedge counterparty

Section:

1:10p ET Monday, June 16, 2003

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's June 13 "Midas" commentary
at www.LeMetropoleCafe.com has been posted in the clear
at Kitco:

http://www.kitco.com/ind/Murphy/jun162003.html

As important as that commentary is, let's hope Murphy will
forgive anyone who gets more enthusiastic about South

Gold analyst Victor Hugo is convinced: Banks collude to suppress gold

Section:

12:34p ET Monday, June 16, 2003

Dear Friend of GATA and Gold:

Why, Peter Brimelow at CBSMarketWatch asks, are gold
and the gold shares running so strongly alongside a
rally in the general share market?

The answer he gets is that the Federal Reserve is
pushing interest rates so far below a zero real return
that money has nowhere else to go but into real assets,
and, of course, gold may be the realest of the real.

Merrill Lynch buys a tonne of gold; and Jay Taylor''s latest commentary

Section:

11:21p ET Friday, June 13, 2003

Dear Friend of GATA and Gold:

A couple of things possibly of interest....

Chris Temple, editor of The National Investor, has a new
essay arguing that the central banks are liquefying the
gold market to get the "too big to fail" shorts out of the
way and arrange an orderly rise of the gold price:

http://www.gold-eagle.com/editorials_03/temple061403.html

Most central bank gold is now committed to price-suppression scheme, Howe finds

Section:

11:20a ET Sunday, June 15, 2003

Dear Friend of GATA and Gold:

A Merrill Lynch fund has bought a tonne of gold.
"We look at gold as cash," the fund manager
explains. "It's just a different type of cash."
You can find this report at MineWeb here:

http://www.mips1.net/MGLdn.nsf/Current/8525690B0032142042256D4600484AA

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