Daily Dispatches

Bill Murphy''s ''Midas'' commentary for April 26, 2002


3:26p ET Sunday, April 28, 2002

Dear Friend of GATA and Gold:

Having become, thanks to his litigation against the
Bank for International Settlements, an expert in
expropriative tender offers, GATA consultant Reg
Howe has joined GATA's law firm, Berger & Montague
of Philadelphia, in bringing a class-action lawsuit
against Kinross Gold over the mistreatment of the
preferred shareholders of Kinam Gold, a company

In the heart of Nevada gold country, hope that times are changing


4p ET Sunday, April 28, 2002

Dear Friend of GATA and Gold:

The story below from Canada's Financial Post,
about a new bullion investment fund, mentions
GATA's work.

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

* * *

Bullion fund holds equal weights
in gold, silver, and platinum

By Jonathan Chevreau
Financial Post (Canada)
April 25, 2002

More than two years after it was originally

Howe leads class-action lawsuit against Kinross Gold


By Thom Calandra
April 25, 2002

SAN FRANCISCO -- Gold's spot price approached $310
Thursday for the first time since Oct. 22, 1999, confirming
what observers say is a sustained rally for the precious

The metal's rise, up $4.20 to $308 an ounce, came as the
euro gained to almost 90 cents on the dollar and the yen
rose almost 1 percent against the greenback. The metal,

Financial Post story on new bullion fund cites GATA


For a free trial subscription, visit www.LeMetropoleCafe.com

Friday, April 26, 2002

Gold $311.40 up $3.70
Silver $4.63 up 5.3 cents

The gold trading action won't get any better
than it was Friday. Gold came in higher as the
touted $305 call position went out well in
the money in yesterday's European Option

Gold benefits from disgust with blue chip stocks


By Thom Calandra
April 22, 2002

SAN FRANCISCO (CBS.MW) -- With gold playing hopscotch
around $300, some analysts expect more fireworks from the
precocious metal.

Gold's spot price Monday morning rose $2 to $304.10 an
ounce. Gold stock prices, meanwhile, seemed poised for
another leg up in their six-month rally. Gold stocks as
measured by the XAU miners' index and the Toronto Stock

Projections for gold price are improving


10:47p ET Sunday, April 21, 2002

Dear Friend of GATA and Gold:

Michael Kosares, proprietor of Centennial
Precious Metals in Denver and of
www.USAGold.com on the Internet, made some
typically insightful observations on his
site's bulletin board the other day. For
starters, Mike explained again how central
bank gold sales are probably not adding metal
to the market as much as rescuing big bullion

A plan for Argentina to rescue itself


10:13p ET Saturday, April 20, 2002

Dear Friend of GATA and Gold:

Reg Howe has just reported that his motion to amend and
clarify U.S. District Judge Reginald Lindsay's dismissal
of our lawsuit against the Bank for International
Settlements, the U.S. Treasury and Federal Reserve, and
the big bullion banks has been denied. Reg has written
a brief, defiant essay about it here:


Central bank gold sales are probably just bullion bank bailouts


10:28p ET Sunday, April 21, 2002

Dear Friend of GATA and Gold:

Our great friend Hugo Salinas Price has presented at
www.Gold-Eagle.com a plan for the creation of an
indestructible, undegradable currency for Argentina,
with which the country's economy might be revived
and the country's independence restored. Of course
it's against all the rules of the prevailing
international economic order, but those rules have

Court denies motion to clarify judgment in Howe case


By Thom Calandra
Thursday, April 18, 2002

SAN FRANCISCO (CBS.MW) - Owners of high-flying gold
stocks look to a slipping dollar for evidence of fiscal turmoil,
and in turn more gains for bullion miners.

Gold shares are piling on the gains, turning the group into
one of the best performing industries in most of the world's
stock markets this year. Gold mutual funds such as the

Thom Calandra''s Stockwatch: Dollar drop will fortify gold shares


World Gold Council press release

NEW YORK, April 17, -- The World Gold Council has
announced at its annual meeting in Melbourne,
Australia, that Mr. C. M. T. Thompson, chairman of
Gold Fields Ltd., has been elected chairman of
the WGC, with immediate effect.

He succeeds Mr. Bobby Godsell, chairman of
AngloGold Ltd.

Chris Thompson said: "As I will soon have more time
available as a non-executive chairman of Gold Fields

Syndicate content