Daily Dispatches

C-SPAN2 rebroadcasts conference on Fed


8:40p ET Monday, January 7, 2002

Dear Friend of GATA and Gold:

Tim Wood of TheMiningWeb.com has a wonderful essay
about James Turk's latest discoveries about the U.S.
government's surreptitious intervention in the gold market.
You can find it on TheMiningWeb's cover page here:


The headline is: "Enron Reflected in Gold Accounts

Help us force the gold suppression scheme into the light of day


12:24p ET Monday, January 7, 2002

Dear Friend of GATA and Gold:

The U.S. television network C-SPAN2 is broadcasting today's
conference on the Federal Reserve, "The Federal Reserve:
Myth vs. Reality," sponsored by the Ralph Nader group, the
Center for the Study of Responsive Law. There is a brief
interruption in the proceedings at this moment as lunch is
being served, but the network promises to broadcast the

TheMiningWeb.com takes note of Turk''s latest discoveries


5:54p ET Monday, January 7, 2002

Dear Friend of GATA and Gold:

Here's the CBSMarketWatch.com report about the
Nader-sponsored conference on the Federal Reserve
held at the Washington Press Club today. If you
caught the proceedings on C-SPAN2, you might have
seen GATA Chairman Bill Murphy, who was shown
asking a question of the Washington editor of
Barron's, Jim McTague. Another delightful moment

U.S. accounts reveal $20 billion liability in gold


12:39p ET Saturday, January 5, 2002

Dear Friend of GATA and Gold:

Ralph Nader's latest newspaper column, appended
here, describes the conference he has called for
Monday in Washington about the work of the Federal
Reserve. GATA Chairman Bill Murphy will attend and
call attention to the Fed's role in surreptitiously
suppressing the gold price.

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

Federal Reserve must be held accountable


By Angus Macmillan
Dow Jones Newswires

JOHANNESBURG, Jan. 3 -- If AngloGold Ltd. is
pipped at the post by Newmont Mining Corp in
its bid for control of Australia's Normandy
Mining Co., it will face a dwindling range of
growth strategies. U.S.-based-Newmont has
raised its bid for Normandy to A$1.93 a share
-- valuing the company at A$4.3 billion --
and eclipsing AngloGold's A$4.1 billion offer

What''s AngloGold''s next acquisition target?


By Thom Calandra
Friday, January 4, 2002


SAN FRANCISCO -- Gold sure could use some of the squeeze
that is pushing silver prices to nearly one-year highs.

While gold prices start the new year tamely flirting with $280 an

Will gold rise follow squeeze in silver?


By Darren Schuettler

JOHANNESBURG, Jan 4 (Reuters) -- AngloGold Chairman
and CEO Bobby Godsell said on Friday his company's
offer for Australia's Normandy Mining was final and it was
now up to Normandy's shareholders to decide.

However, Godsell told Reuters in an interview that he was
encouraged by the narrowing gap between AngloGold's
offer and a richer bid from U.S. rival Newmont Mining Corp.

AngloGold says it''s better to lose Normandy than to overpay


By Alden Bentley

NEW YORK, Jan 3 (Reuters) -- The purchase of
Australia's Normandy Mining by Newmont Mining after a
four-month bidding war will not be a one-way ticket
higher for gold prices, but should be beneficial for
the downsizing gold industry over the long haul,
experts said.

The takeover looked inevitable Thursday, raising the
specter that Newmont -- formerly North America's No. 1

Newmont raises Normandy offer; Anglo won''t keep bidding



By Bill Murphy
December 27, 2001

Gold $277, down $2.10
Silver $4.45, down 9 cents

Thirty-three months after the opening of
www.LeMetropoleCafe.com, the Gold Cartel is still
banging away at the gold price. Back then their "Guns
of Navarone" began blazing with selling barrages around
$290. Afraid of allowing gold to trade anywhere near

Newmont''s acquisition of Normandy seen putting a floor under gold


By Darren Schuettler and Sophie Hares

JOHANNESBURG/SYDNEY, Jan 3 (Reuters) -- Newmont Mining
looked poised to win a takeover battle for Australia's
Normandy Mining with a sweetened bid on Thursday, as
AngloGold Ltd refused to up its latest offer.

U.S.-based Newmont had earlier boosted the cash element
of its offer by 10 Australian cents per share, with the Normandy
board recommending the A$4.3 billion (U.S. $2.2 billion) offer.

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