Daily Dispatches

Hugo is extra bullish on gold and praises GATA, while FT articles worry Sinclair

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3:49p ET Saturday, June 7, 2003

Dear Friend of GATA and Gold:

Here is a question-and-answer exchange between GATA
consultant James Turk, editor of the Freemarket Gold
& Money Report and proprietor of GoldMoney.com, and
a reader in Australia who responded to Turk's essay,
"Time To Grab Your Gold and Make Sure It's Not Just
Paper Promises," published in FGMR's May 26 issue
and distributed by GATA on June 2.

John Dizard in the Financial Times on Newmont''s ultimatum to the bullion banks

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Yandal hedge drama -- it's not over yet

By Tim Wood
Mineweb
June 4, 2003

NEW YORK -- One bullion bank, believed to be Goldman
Sachs, has so far rejected Newmont's 50 cents-on-the-dollar
offer for its stake in the Yandal gold hedge book. Six other
banks have accepted the offer, including, say sources, JP
Morgan, suggesting the offer was fair given the perilous
state Yandal is in.

* * *

Gold certificates aren''t gold, but allocated gold is a lot closer

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1:19a ET Saturday, June 7, 2003

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy is off trying to rally the
gold army at Cambridge House International's World Gold,
PGM, and Diamond Investment Conference in Vancouver
and has left your correspondent alone with the e-mail
server and the liquor cabinet. As proof that I have
tried to spend more time with the former, appended here
are links to a lot of interesting gold-related

Links to some of the week''s best gold-related commentaries

Section:

Neither a borrower nor gold lender be

By John Dizard
Financial Times
Thursday, June 5, 2003

http://news.ft.com/servlet/ContentServer?
pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1054416468361

The religious war in the gold market reached a climax
this week with the announcement by Newmont Mining
that all but one of the gold lenders to its Yandal mines

Newmont beats the bullion banks into submission

Section:

2:14a ET Monday, June 2, 2003

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and GATA consultant Mike
Bolser were interviewed on the May 31 edition of Jim
Puplava's "The Financial Sense Newhour." If your
computer is equipped for audio reception over the
Internet, you can listen to the program here:

http://www.netcastdaily.com/fsnewshour.htm

Goldman Sachs reported to be resisting Newmont''s Yandal ultimatum

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Newmont closes book on Yandal gold hedges

http://biz.yahoo.com/rf/030604/minerals_newmont_goldhedges_1.html

By Alden Bentley

NEW YORK, June 4 (Reuters) -- Newmont Mining Corp.'s
$77 million payout to six of its bullion bankers in
Australia may close the book on a gold hedging
predicament that has dogged the world's largest gold

Time to grab your gold and make sure it''s not just paper promises

Section:

1:16a ET Saturday, May 31, 2003

Dear Friend of GATA and Gold:

Tan Range CEO Jim Sinclair has several important short
commentaries dated Friday, May 30, at his Internet site.
Their titles:

* "Q & A: A Special Feature on Today's Anomalous
Trading in Gold Shares."

* "Market Summary."

* "Gold Summary: Good News / Bad News."

* "Morning Commentary: Clerical Error?"

GATA chairman is speaker at Vancouver conference June 8 and 9

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Full agenda confronts G-8 summiteers;
Bush reiterates adherence to 'strong dollar' policy

By William L. Watts
CBSMarketWatch.com
Sunday, June 1, 2003

http://www.marketwatch.com/news/story.asp?guid=%7BF4B9D9DA%2DB715%
2D4A39%2D8D3D%2DB877CA35242F%7D&siteid=yhoo

WASHINGTON -- To no great surprise, there was much to

Dollar''s slide on G-8 agenda but supportive intervention doubted

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By James Turk, Editor
The Freemarket Gold & Money Report
Letter No. 325
May 26, 2003

2003 by The Freemarket Gold & Money Report

I continue to hear the horror stories. A subscriber tells me
that the bank where he stores his silver announced a three-fold
increase in fees. His bank therefore recommended that he sell
his silver "because it is expensive to store and has been a

GATA''s Murphy and Bolser interviewed on ''The Financial Sense Newshour''

Section:

2:09a ET Monday, June 2, 2003

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy will be among the speakers
at the 2003 World Gold, PGM, and Diamond Investment
Conference sponsored by Cambridge House at the
Vancouver Convention and Exhibition Center next Sunday
and Monday, June 8 and 9. Admission is free if you
register in advance.

Program, registration, and hotel information can be

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