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Daily Dispatches
Shorts default on Karachi bullion market
Submitted by cpowell on Sun, 1999-10-03 03:00 Section: Daily Dispatches8:23p EDT Saturday, October 2, 1999
Dear Friend of GATA and Gold:
I bet you're tired of all the good news from me, right?
Think you can handle one more piece? It's from the
Forbes news wire. It quotes James Grant of Grant's
Interest Rate Observer as acknowledging central bank
manipulation of the price of gold, and explains the
huge leverage inherent in gold stocks. Nothing that you
probably don't already know, but it's remarkable how
Vital analysis of impending gold, silver booms
Submitted by cpowell on Sun, 1999-10-03 03:00 Section: Daily Dispatches7:55p EDT Sunday, October 3, 1999
Dear Friend of GATA and Gold:
From this further dispatch from the Karachi newspaper
Dawn, it seems that the suspension of the gold market
there is due to the bankruptcy of the forward sellers
and that they are looking to be bailed out. My guess is
that they called the Federal Reserve in Washington but
Alan Greenspan was already on the phone, arranging a
SA mines plan fatal blow to gold leasing
Submitted by cpowell on Sun, 1999-10-03 03:00 Section: Daily Dispatches12:28a EDT Monday, October 4, 1999
Dear Friend of GATA and Gold:
Here's a good way to start the week: Read these three
important essays at www.Gold-Eagle.com, providing
excellent analysis of the impending bull markets in
gold and silver.
a href=http://www.gold-eagle.com/gold_digest_99/butler100499.htmlhttp://www.gol...
a href=http://www.gold-eagle.com/gold_digest_99/milhouse100499.htmlhttp://www.g...
SF Chronicle smashes gold-carry trade
Submitted by cpowell on Sun, 1999-10-03 03:00 Section: Daily Dispatches12:30a EDT Monday, October 4, 1999
Dear Friend of GATA and Gold:
GATA Chairman Bill quot;Midasquot; Murphy has been working
all weekend as usual, collecting intelligence on the
precious metals markets from around the world, and
has filed two more dispatches.
They are very long and I'm not going to post them
here to you, but I'll summarize them and you can
read them in their entirely without charge by taking
Long-Term Capital Management seen closing
Submitted by cpowell on Sat, 1999-10-02 03:00 Section: Daily Dispatches1:50a Saturday, October 2, 1999
Dear Friend of GATA and Gold:
Here's Friday night's quot;Midasquot; dispatch from GATA
Chairman Bill Murphy to his subscribers at
www.lemetropolecafe.com. Because of its importance,
I'm sending the whole thing to you and urge you to post
it wherever you can and bring it to the attention of
political authorities and gold investors everywhere.
It appears that the manipulators that have driven the
Forbes notes leverage in gold stocks
Submitted by cpowell on Sat, 1999-10-02 03:00 Section: Daily DispatchesNoon EDT Saturday, October 2, 1999
Dear Friend of GATA and Gold:
This item from Reuters foreshadows a funeral that we
won't be invited to. Enjoy.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
LTCM may be out of business,
Fed's McDonough says
By Knut Engelmann
CHICAGO, Oct. 1 (Reuters) -- Long-Term Capital
Management, the huge U.S. investment fund that almost
A mining company president''s compliment
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches9:15p EDT Thursday, September 30, 1999
Dear Friend of GATA and Gold:
Here's an essay by GATA's vice chairman and treasurer,
John D. Meyer, founder of Berkshire Financial Advisors
in Great Barrington, Mass., and a 30-year veteran of
the money-management business, posted at
www.lemetropolecafe.com.
Better than anything else I've seen, John's essay
explains the meaning of the decision by the European
A squeeze to please, seen from Australia
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches10:40p EDT Friday, October 1, 1999
Dear Friend of GATA and Gold:
Here's a wonderful letter received today by GATA
Chairman Bill Murphy from Ron Manners, chairman of
Croesus Mining NL in Australia.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
Dear Bill:
I am chairman of an Australian listed gold miner,
Croesus Mining NL, and have been watching your group's
Evidence grows that squeeze is only starting
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches11:30p EDT Friday, October 1, 1999
Dear Friend of GATA and Gold:
The gold carry trade and the short squeeze are finally
news for the mainstream press. Here's a fine article
from the Sydney Morning Herald for Saturday, October 2.
Those of us on the other side of the planet get to read
it a day before publication!
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
Today Karachi, tomorrow the world
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches11:50p EDT Friday, October 1, 1999
Dear Friend of GATA and Gold:
Here's tonight's quot;Golden View from The Towerquot;
commentary at www.USAGold.com.
Evidence grows that the short squeeze in gold is only
beginning. I'll send more along these lines to you
shortly.
Please post this as seems useful.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
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