Daily Dispatches

Another respectable financial analyst wonders out loud if Fed suppresses gold


12:14a ET Thursday, August 28, 2003

Dear Friend of GATA and Gold:

MineWeb has posted an important analysis of mining
company valuations by Tim Wood. It may be a good
tonic against Wednesday's giddiness. You can find
it here:


Or just go to MineWeb's home page, where the

What could the Fed and the Treasury possibly have against gold?


10:18p ET Thursday, August 28, 2003

Dear Friend of GATA and Gold:

GATA's friend Robert K. Landis has provided an account
of a recent secret meeting of the International Monetary
Fund -- or was that International Monetary Fraud? The
account's technical accuracy may be arguable, but its
metaphorical accuracy is beyond dispute. You can find
it at Reg Howe's Golden Sextant Internet site here:

MineWeb analyzes mining company valuations as share prices soar


9:45p ET Wednesday, August 27, 2003

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's "Midas" commentaries at
www.LeMetropoleCafe.com have been shouting for weeks
that the physical gold market is overcoming the paper
market. Below is an unusually detailed dispatch tonight
from OsterDowJones that gets a bullion bank official to
acknowledge as much.

CHRIS POWELL, Secretary/Treasurer

A transcript of a secret meeting of the International Monetary Fund -- er, Fraud


1:13a ET Thursday, August 28, 2003

Dear Friend of GATA and Gold:

Peter Brimelow's commentary this morning at CBSMarketWatch,
appended in its entirety, is especially wonderful for indicating
that newsletter editor Richard Band has joined those wondering
out loud whether the Federal Reserve has been trying to suppress
the gold price.

Enjoy the secret knowledge of the gold cult while it remains a

IMF draft report expects more depreciation of U.S. dollar


By Alden Bentley

NEW YORK, Aug. 26 (Reuters) -- The once frothy gold
options market is drying up as mining companies
comply with new hedge accounting rules and try to
retain the confidence of investors still infuriated by the
gold derivatives debacle four years ago.

Gold is boomeranging on George, Greenspan, and the other central bankers


8:42p ET Wednesday, August 27, 2003

Dear Friend of GATA and Gold:

John Embry, president of Sprott Asset Management
in Toronto, today gave an interview to Investor
Canada and again publicized the essence of GATA's
findings about the gold market. The interview is

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

* * *


Two essays to enjoy the gold and silver breakout by



NEW YORK, Aug. 27 (Reuters) -- New York gold surged
to a three-month high Wednesday, snapping a summer
downtrend and catapulting silver and platinum to new
peaks as buyers swarmed out of the woodwork.

Mining shares soared and commodity funds lined up to buy
gold futures at the COMEX division of the New York

Central banks don''t have the gold anymore, Sprott''s Embry tells Investor Canada



MILAN, Aug. 27 (Reuters) -- The International Monetary
Fund sees further potential for a depreciation of the
U.S. dollar due to the high U.S. current account deficit,
according to a draft IMF report obtained by Reuters.

"The IMF sees further potential for a depreciation of

Gold breaks through resistance; funds said to be ''monster buyers''


By Sean Corrigan
Wednesday, August 27, 2003

Though vehemently denied by all and sundry in officialdom,
there are many in financial markets who will tell you that the
decision taken suddenly in 1999 by Culpability Brown, with
the endorsement of Sir Eddie the Unready George to dump
roughly 400 tonnes of Britain's precious reserves of gold at

Gold''s physical market is overcoming the paper market


9:20p ET Wednesday, August 27, 2003

Dear Friend of GATA and Gold:

Worth reading tonight as you enjoy today's breakout
of gold and silver prices....

Jim Sinclair's "Gold Market Summary" for Wednesday,
at this hour the second item on his Internet site's
home page:


And trader Rick Ackerman again talks openly about

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