Daily Dispatches

Gold price suppression summarized, documented by Howe


By Bill Murphy, Chairman
Gold Anti-Trust Action Committee
June 10, 2000

Neil Behrman of www.miningweb.com called me last week
about a story he was doing on the recently revealed
gold derivative positions. Here's what Behrman

* * *

Bullion Banks' $190 Billion Derivatives Position

By Neil Behrman
June 8, 2000

Gold bulls have been thwarted again.

An extensive $20 short covering rally by commodity

Midas commentary for June 12, 2000


9:45p EDT Monday, June 12, 2000

Dear Friend of GATA and Gold:

For evidence that GATA's "Gold Derivative
Banking Crisis" report is zipping around
the world, you might want to check out an
interesting essay by Adam Hamilton at
www.Gold-Eagle.com. Hamilton analyzes the
leverage to the gold price of three leading
South African mining companies, Gold Fields,
Harmony, and Durban Deep, and GATA's report

Mining Web conned by bullion bank shill


10:45p EDT Thursday, June 8, 2000

Dear Friend of GATA and Gold:

You'll see from GATA Chairman Bill Murphy's
comments below that GATA now is raising
serious questions about what is going on
with gold being shipped out of the Federal
Reserve Bank of New York and how it is being
accounted for. We just might have a few
government agencies going at it before long.

The Internet site of the Martin Armstrong

Central Banks vs. Gold: Winning Battles but Losing the War?


12:30a EDT Monday, June 12, 2000

Dear Friend of GATA and Gold:

The following essay by Reginald H. Howe of www.GoldenSextant.com
may summarize and document the manipulation of the gold price
more comprehensively than anything yet written. An understanding
of the gold market and the forces GATA is confronting starts
here. So please post this as widely as you can.

CHRIS POWELL, Secretary/Treasurer

GATA makes more trouble at the NY Fed


11:55p EDT Wednesday, June 7, 2000

Dear Friend of GATA and Gold:

This commentary by Clive Roffey at the Moneyweb
Internet site is interesting for its acceptance
of GATA's contention that the price of gold is
being manipulated. It's all the more interesting
for its suggestion that the manipulators are
losing control.

Please post this as seems useful.

CHRIS POWELL, Secretary/Treasurer

One more analyst acknowledges manipulation


By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
Wednesday, June 7, 2000

Deutsche Bank, along with some help from Goldman Sachs,
bashed gold early today, taking it down almost $6, but
the funds came in as buyers, taking it back up late in
the day. August gold finished at $290, down only $1.80.

Good ol' $290 again. That is the price the manipulators
have been defending for a couple of years now. They are

GATA report goes all over as we terrorize NY Fed


12:30a EDT Monday, June 5, 2000

Dear Friend of GATA and Gold:

The enigmatic guru of www.USAGold.com, Friend of
Another, lately known as Trail Guide, has much to say
about GATA in his latest dispatch, which I've appended
here. FOA/Trail Guide has a different perspective on
the gold market, but he is fully in the gold camp and
his comments here are recognition of the growing
importance of GATA's work -- for which we thank him.

GATA discloses what the big gold players know


$9 Gold Move and Internet Release of
"Gold Derivative Banking Crisis" report:
Just a Coincidence? Maybe Not

By Bill Murphy
June 3, 2000

Spot Gold $281.40, up $8.90
Spot Silver $4.99, up 9 cents

Friday was rock 'n' roll time for gold. A welcome
change of pace. From a Cafe source:

"You should have seen this fight during the last couple
of minutes on the floor. Funds were buying like crazy

GATA busts the shorts and gold rallies


By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
June 1, 2000

The Gold Derivative Banking Crisis report that the GATA
delegation presented to one of the most powerful
politicians in Washington as well as to Dr. John
Silvia, chief economist of the Senate Banking
Committee; Alabama U.S. Rep. Spencer Bachus, chairman
of the House Subcommittee on Domestic and International
Monetary Policy, including six of his staff members;

Midas commentary for June 3, 2000


11:55p EDT Friday, June 2, 2000

Dear Friend of GATA and Gold:

The word is getting out about the manipulation of the
price of gold and part of its purpose: to protect the
financial institutions that sold gold borrowed from
central banks, and to protect the central banks that
lent so much. So much gold has been sold short that
it cannot be recovered without exploding the price,
threatening the solvency of the participants in the

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