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Daily Dispatches
Replies to Turk''s exchange with Perth Mint about allocated and unallocated gold
Submitted by cpowell on Tue, 2003-07-08 03:00 Section: Daily Dispatches10:28a ET Tuesday, July 8, 2003
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's latest quot;Midasquot; commentary
at www.LeMetropoleCafe.com has been posted in the
clear at GoldSeek and HoweStreet. Murphy heartily returns
the backhanded compliment he recently received from
Forbes magazine.
You can find the quot;Midasquot; commentary here at GoldSeek:
a href=http://news.goldseek.com/LemetropoleCafe/1057673700.phphttp://news.golds...
Barrick''s confession in Blanchard case continues to get noticed
Submitted by cpowell on Tue, 2003-07-08 03:00 Section: Daily Dispatches5:15p ET Tuesday, July 8, 2003
Dear Friend of GATA and Gold:
The statement by Richard Hayes, chief financial officer of
Australia's Gold Corporation, parent company of Perth
Mint, distributed by GATA in reply to GATA consultant
James Turk's analysis of the difference between allocated
and unallocated gold, has prompted a few interesting
replies from GATA supporters, which are appended.
Market manipulation is going wild, Sinclair says
Submitted by cpowell on Mon, 2003-07-07 03:00 Section: Daily DispatchesNoon ET Saturday, July 5, 2003
Dear Friend of GATA and Gold:
Jim Sinclair has commentary and MineWeb has a report
about the latest round in the sparring between Newmont
Mining and the bullion bankers with claims against
Newmont's Yandal subsidiary.
Sinclair's commentary is headlined quot;Newmont Puts
Subsidiary Into Bankruptcyquot; and appears on his Internet
site's home page as the second July 4 commentary,
Will today''s Americans learn what revolutionary ancestors did about paper money?
Submitted by cpowell on Sat, 2003-07-05 03:00 Section: Daily Dispatches10:24a ET Thursday, July 3, 2003
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's latest quot;Midasquot; commentary
at www.LeMetropoleCafe.com has been posted in the
clear at GoldSeek here:
a href=http://news.goldseek.com/LemetropoleCafe/1057212061.phphttp://news.golds...
Its report about conditions in South Africa as President
Bush prepares to visit there is especially interesting. The
Commentary on Newmont''s putting Yandal into bankruptcy
Submitted by cpowell on Sat, 2003-07-05 03:00 Section: Daily Dispatches11:56a ET Saturday, July 5, 2003
Dear Friend of GATA and Gold:
On this Independence Day weekend in America, GATA
consultant Reg Howe, proprietor of the Golden Sextant
Internet site, has posted a new commentary wondering
whether Americans are about to learn what their
revolutionary ancestors learned about the ultimate
value of paper money.
You can find Howe's new commentary here:
a href=http://www.goldensextant.com/commentary26.html#anchor52099http://www.gol...
Newmont puts Yandal into reorganization as offer to bullion banks fails
Submitted by cpowell on Thu, 2003-07-03 03:00 Section: Daily Dispatches1:41p ET Wednesday, July 2, 2003
Dear Friend of GATA and Gold:
Gold's partisans see market manipulation almost
every week, either in the futures or the shares.
It often involves smashing the price in the last
hour or two of trading to leave a bad and
misleading impression.
Now renowned market analyst Mark Hulburt
acknowledges evidence that market manipulation
is common. In his new commentary today at
Murphy''s ''Midas'' commentary posted at GoldSeek
Submitted by cpowell on Thu, 2003-07-03 03:00 Section: Daily Dispatches3:26a ET Thursday, July 3, 2003
Dear Friend of GATA and Gold:
The Newmont press release appended here, issued in
the middle of the night U.S. time, suggests that the
company has not gotten concessions from the bullion
bankers of its Yandal division and so is putting
Yandal into a reorganization process by which the
banks might receive even less repayment than Newmont
had offered. We'll have to await more expert analysis
Market manipulation is common, Hulburt finds
Submitted by cpowell on Wed, 2003-07-02 03:00 Section: Daily Dispatches7:50p ET Tuesday, July 1, 2003
Dear Friend of GATA and Gold:
GATA consultants Dietmar Siebholz and Florian
Riedl-Riedenstein examine Barrick Gold's
huge and supposedly risk-free gold hedging
position in a new essay at Gold-Eagle. They
conclude that SOMEBODY is going to have to pay
the piper, probably sooner than later. You can
find the essay here:
a href=http://www.gold-eagle.com/editorials_03/siebholz062903.htmlhttp://www.go...
Don''t be fooled by manipulation of gold futures, analyst says
Submitted by cpowell on Tue, 2003-07-01 03:00 Section: Daily Dispatches5:26p ET Monday, June 30, 2003
Dear Friend of GATA and Gold:
The long headline on this CBSMarketWatch story might as
well have added: quot;And gold bugs STILL don't realize that
they are going to win.quot;
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Gold futures end Q2 with a $10 gain;
metals indexes log gain of at least 18 percent; silver climbs
Updated link to Rick Ackerman commentary
Submitted by cpowell on Tue, 2003-07-01 03:00 Section: Daily Dispatches9:12a Tuesday, July 1, 2003
Dear Friend of GATA and Gold:
The most enthusiastic endorsement of gold's future
has just been issued by Rick Ackerman of Black Box
Forecasts, whose commentary has been published
widely in newspapers in San Francisco. An excerpt:
quot;I will not elaborate here on why money is no longer
money, but rather a form of debt. But suffice it to
say, the implications of a fundamentally valueless