You are here

Daily Dispatches

Richard Appel: Gold and silver will be up again but it may take a while

Section: Daily Dispatches

5:27p ET Thursday, May 13, 2004

Dear Friend of GATA and Gold:

Blanchard & Co., the New Orleans coin and
bullion dealer, announced today that it has
defeated a motion by Barrick Gold to add about
20 bullion banks and 75 gold producers as
defendants in Blanchard's gold price-fixing
lawsuit in federal court in New Orleans.

In a statement to its employees, Blanchard
said Barrick had based its motion on a claim

Saudi central banker disparages gold as Portugal sells 35 tonnes

Section: Daily Dispatches

By Dr. Richard S. Appel
www.financialinsights.org
Thursday, May 13, 2004

Many painful questions and feelings have gone through
the minds and hearts of those who have invested in
gold, silver, and gold and silver stocks during their
current price declines. In but a few short weeks,
long-time holders of these investments have watched
in awe as their substantial paper profits quickly
vanished.

Brady Willett: Commercials and central banks still control gold and silver

Section: Daily Dispatches

11:54p ET Monday, May 10, 2004

Dear Friend of GATA and Gold:

Ted Butler's new commentary is in large part a reply to
Pan American Silver CEO Ross Beaty's analysis of
the silver market that was distributed here Sunday. Butler
concludes with these remarks about silver mining company
managements:

"Whether you believe management is doing the right thing
or the wrong thing in their approach to this manipulation

Gold''s failure to jump amid trade deficit rise, dollar''s fall shocks analyst

Section: Daily Dispatches

5:42p ET Wednesday, May 12, 2004

Dear Friend of GATA and Gold:

Brady Willett says the commercial dealers, with the
central banks behind them, are still in charge of the
price of gold and silver, just having to work a lot
harder at keeping the lid on as the upward price
trends continue. You can find Willett's commentary
at FallStreet.com here:

http://www.fallstreet.com/may1204.php

Heeding Butler, Silver Standard will put cash reserves into physical silver

Section: Daily Dispatches

Maybe one of these years he'll figure it out....

* * *

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=5122536

NEW YORK, May 12 (Reuters) -- COMEX gold and silver
futures rose Wednesday but ended well below their highs,
as concern about U.S. international trade competitiveness
weakened the dollar and lifted precious metals.

World Gold Council''s bullion fund stalled in U.S. by longer review

Section: Daily Dispatches

8:40p ET Wednesday, May 12, 2004

Dear Friend of GATA and Gold (and Silver):

Dark as recent weeks have been for us, with central
bank intervention against the precious metals more
obvious than ever and yet seldom acknowledged in
the financial press, there is still light in the
darkness and progress for the cause.

Tonight Silver Standard Resources Inc. announced,
in effect, that it is heeding GATA consultant Ted

Warnings about an imminent market crash

Section: Daily Dispatches

10:09p ET Sunday, May 9, 2004

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's "Midas" commentary
for today at LeMetropoleCafe.com has been posted
in the clear at GoldSeek.com here:

http://news.goldseek.com/LemetropoleCafe/1084198333.php

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

Ted Butler replies to Pan American Silver CEO Ross Beaty

Section: Daily Dispatches

9a ET Monday, May 10, 2004

Dear Friend of GATA and Gold:

Robert D. McHugh, president of Main Line Investors, writes
at Gold-Eagle that a stock market crash is nigh:

http://www.gold-eagle.com/editorials_04/mchugh050904.html

Richard Russell of Dow Theory Letters seems to feel the
same way, according to the appended commentary by

Sunday morning with Rick Ackerman and Jim Sinclair

Section: Daily Dispatches

By Jim Sinclair
Saturday, May 8, 2004
http://www.jsmineset.com

My Dear Friends:

I care deeply not for money, not for the joy of victory,
certainly not for publicity of any kind, but for all of you
in the Gold Community. I feel your concerns as if they
were mine.

I have spent many years pursuing a deeper
understanding of life than most people would realize.

Investors see opportunity in China slowdown fears

Section: Daily Dispatches

11:33a ET Sunday, May 9, 204

Dear Friend of GATA and Gold:

Rick Ackerman has written a thoughtful essay about
the dollar, gold, and their likely prospects in
deflation. It's titled "Goldbugs and Buffett Face
Major Dilemma" and you can find it at 321Gold.com
here:

http://www.321gold.com/editorials/ackerman/ackerman051004_buffett.html

Pages