Daily Dispatches

Dow Jones story says banks don''t want a rising gold price


From Borsa & Finanza, Italy
May 2001

The U.S. Treasury is accused of manipulating the free
market. Risks for the international bourses.

By Guido Bellosta

A trial that starts in Boston affects the interest of
hundreds of thousand of savers, financiers, and miners.
On the bench is the Treasury Department of the United
States, accused of having manipulated the international
price of gold with sophisticated financial operations

Italian magazine article warns of gold price manipulation


South Africa Watch:
Gold Spike Punctures Banks' Cozy Cartel

By Adam Aljewicz
Dow Jones Newswires
May 23, 2001

JOHANNESBURG -- The latest run-up in the gold price has left
a lot of investment bankers nursing extremely sore positions.

The reason is that gold has risen more in the last two weeks
than in the past two years. You've probably heard all of the
reasons and more, but just in case you've been in

Dow Jones story says banks don''t want gold price to rise


By Bill Murphy
May 22, 2001

Gold $285 up 90 cents
Silver $4.54 up 1 cent

Information is pouring in from all over and from
various sources that there is indeed a Gold Syndicate
(part of which may be a de-facto situation) that is
taking on the Gold Cartel. The Gold Syndicate knows
that what GATA is claiming is true and they believe
that Frank Veneroso's gold loan numbers of 10,000 to

Interesting references in London Telegraph story on gold''s rise


11:35p ET Monday, May 21, 2001

Dear Friend of GATA and Gold:

In addition to GATA Chairman Bill Murphy's commentary
tonight at www.LeMetropoleCafe.com, you may be
interested in the following....

From Harry Schultz, the renowned investment adviser
and crucial friend to GATA, reporting from Europe this

"At about 6 p.m. local time CNBC Europe read on the
air an email about the GATA lawsuit. Two young talking

''Midas'' commentary for May 22, 2001


10:40a ET Tuesday, May 22, 2001

Dear Friend of GATA and Gold:

Interesting references in this London Telegraph
story to China's gold buying and the loss that
the Bank of England has incurred in its program
of gold sales.

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

* * *


Midas commentary for Monday, May 21, 2001


9:32a CT Monday, May 21, 2001

Dear Friend of GATA and Gold:

At a little after 5 p.m. South African time today, I
will be interviewed by Nadia Levine for "PM Live" on
South African Broadcasting Co. radio station SAFM,
FM 104.3 - 107.3 mHz).

I understand that AngloGold has been interviewed for
the same broadcast. Ever since I was on the popular
Tim Modise Show on SABC for an hour on Wednesday

GATA chairman to be interviewed on South African radio


9:29p ET Sunday, May 20, 2001

Dear Friend of GATA and Gold:

Gold-Eagle has a great new essay by Jay Taylor
that explains what might well be called the
GATA rally in gold. You can find it here:


CHRIS POWELL, Secretary/Treasurer

More commentary on the gold rally


By Bill Murphy
May 21, 2001

Gold $284.05 down $2.10
Silver $4.53 down 2 cents

First the important gold market news, which is the GATA
news. There is no doubt in my mind that some very, very
big financial types are very aware of GATA, our GATA
African Gold Summit, and Reg Howe's lawsuit.

They have been buying for more than a month now. That
is why gold has been trading differently. These big-

Jay Taylor explains the GATA rally in gold at Gold-Eagle


Gold soars in classic investment 'squeeze'

By Allan Robinson
Mining Reporter
The Globe and Mail, Toronto
Saturday, May 19, 2001

The price of gold soared $13.80 (U.S.) an ounce in a
surge of afternoon trading yesterday to close the day
at $287.80.

The upward swing came abruptly after lacklustre trading
throughout the morning, traders said.

AngloGold''s Godsell becomes president of World Gold Council


1p ET Saturday, May 19, 2001

Dear Friend of GATA and Gold:

Mark Wellesley-Wood, chairman of Durban Roodeport Deep,
has written an essay supporting GATA in the company's May
2001 newsletter for shareholders and investors. GATA is
delighted to share it with you below, with the greatest
gratitude,for GATA simply would not have gotten started
in 1999 nor succeeded with our GATA African Gold Summit

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