Daily Dispatches

We''ve hit "The Street" Again


9 p.m. EDT Thursday, May 13, 1999

Dear Friends of GATA and Gold:

Here's GATA Chairman Bill Murphy's brief commentary
tonight to members of www.lemetropolecafe.com.

It elaborates on the gold business news we were
expecting today.

Secretary, Gold Anti-Trust Action Committee Inc.


Le Metropole members:

Silver rocketed up 20 cents today and closed at $5.56.

Harry Bingham commentary for May 10, 1999


From World Net Daily
Tuesday, May 11, 1999

Trouble in the gold market?
Analysts see move to manipulate prices

By Jon E. Dougherty
c 1999 WorldNetDaily.com

Whether influenced by uncertainties stemming from Y2K
or because global financial markets took a dramatic
turn for the worst, most gold analysts agree that 1998
was a "record year" for sales. So far, in 1999, record
buying has not subsided, according to the U.S.

Midas Commentary for May 10, 1999



Following is a gold report by Harry Bingham,
internationally acclaimed gold expert, president of Van
Eck Institutional Advisers and manager of PIMCO
Precious Metals Fund among other accounts. Furthermore,
he is a well-known speaker of frequent Gold Conferences
in the U.S. and Canada and is often interviewed on
nationally syndicated TV programs.

World Net Daily article about GATA


11:20 p.m. EDT Wednesday, May 12, 1999

Dear Friends of GATA and Gold:

Tonight's Midas commentary by Bill Murphy,
chairman of the Gold Anti-Trust Action
Committee and Le Patron of
www.lemetropolecafe.com, has just been
emailed to you in two parts because of
its length. (I hate having to try to open
attached files!)

Please let me call your attention to Bill's
brief mention of the big developments in the

Last Chance to Buy Gold at Low



Spot Gold $277.30 down $5.30
Spot Silver $5.40 down 1 cent

Technicals --

Not so fast, Rip Van Winkle. Just as the gold market
was finally stirring up serious bullish commentary all
over the world, it was bushwhacked on Friday as the
shorts had to call in the Bank of England cavalry,to
announce that they are selling 415 tonnes of gold, to
defend "Navarone." The price of gold was sent reeling

Another article from TheStreet.com



Thu, 06 May 1999

To worry about the current low price of gold today is
the wrong approach since Y2K will take care of these
temporary price issues.

It is my opinion after 2 1/2 years and 3500 hours of
research and lectures that gold prices will have no
problem in advancing this Fall through the year 2000.
The current "short positions" held by banks, and

Two articles and an appeal


'Old Lady' swats the gold bugs

Some suspect 'cabal' is
protecting the short-sellers

Saturday, May 08, 1999

By William Hanley
The Financial Post

Pity the poor gold bugs. Just as they are getting ready
to get all caught up in a new wave of excitement about
a gold rally in the making, along comes the mean "Old
Lady of Threadneedle Street" to swat them yet again.
The Bank of England -- headquartered on Threadneedle

Bill Murphy on Bank of England



By Steven Jon Kaplan

Gold Mining Outlook www.goldminingoutlook.com.

5 p.m. EDT, Friday, May 7, 1999.


Buy more gold.

Although the Bank of England announced early Friday
morning that they are selling 415 of their 715 tonnes
of gold, this is likely to be one of the last major
gold sales by central banks. The worldwide recession
recovery, combined with a strong commodities rally,

Essay by David Elliott


Saturday, May 8, 1999

Dear Friends of GATA:

I'm sending you along with this two interesting
articles about what happened to gold on Friday.

One is from the Financial Post. The other is
commentary by Bill Murphy, chairman of the
Gold Anti-Trust Action Committee, sent to
members of www.lemetropolecafe.com.

I encourage you to share them with all friends
of gold and to continue to spread the word that

Financial Post on Bank of England



The English Poodle and TheStreet

Friday, May 7, 1999

By Bill Murphy

Last night, in the Midas du Metropole commentary at the
James Joyce Table (as many of you know), I went over
the supply/demand situation of the gold market, as I
saw it.

If you recall, it was clear from the commentary that
the bears were running out of ways to talk down the
market and the price of gold had risen to a point that

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