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Daily Dispatches
Back from Gold Rush 21, Embry again tells Canada about gold price manipulation
Submitted by cpowell on Wed, 2005-08-24 03:00 Section: Daily DispatchesBy Ted Butler
www.InvestmentRarities.com
Tuesday, August 23, 2005
The most recent commitment of traders report confirmed expectations
of a continued deterioration in the market structure in COMEX
gold,and a further improvement in the market structure in COMEX
silver. As mentioned here last week, we have the unprecedented
condition of gold holding at historic negative extremes while silver
Brien Lundin, Peter Grandich, and GATA all in one CBSMarketWatch story
Submitted by cpowell on Wed, 2005-08-24 03:00 Section: Daily Dispatches12:08p ET Wednesday, August 23, 2005
Dear Friend of GATA and Gold:
Having returned to Toronto from his appearance
at GATA's Gold Rush 21 conference in Dawson
City, Yukon, Sprott Asset Management
President John Embry has continued to spread
the word of manipulation of the gold price. On
Tuesday he again went on Report On Business
Television in Canada for more than an hour and
again was allowed to speak his mind.
Philip IV''s money is still good at the bar and everywhere else
Submitted by cpowell on Wed, 2005-08-24 03:00 Section: Daily DispatchesBy Myra P. Saefong
CBSMarketWatch.com
Wednesday, August 24, 2005
http://www.marketwatch.com/news/story.asp?guid=%7B9ACBC3B0%2D6B19%
2D430D%2DB46B%2D54D175EF6478%7D&siteid=mkwt
SAN FRANCISCO -- Gold futures lost more than $2 but closed above a
two-week low Wednesday as traders took the market's temperature and
Mike Hartman: Government intervention against gold is obvious
Submitted by cpowell on Wed, 2005-08-24 03:00 Section: Daily Dispatches8:30p ET Wednesday, August 24, 2005
Dear Friend of GATA and Gold:
A few notes about the wonderful Reuters story appended
here....
* They're not diving into the deep and risking their
lives for U.S. Treasury bonds or Federal Reserve notes.
* The imperial regime of Philip IV of Spain is long gone
but the money he coined is still more than good at the
bar and everywhere else.
* Spanish royal regulations against smuggling didn't
Fearing credit derivative defaults, Fed summons the money conjurers
Submitted by cpowell on Wed, 2005-08-24 03:00 Section: Daily Dispatches9p ET Wednesday, August 24, 2005
Dear Friend of GATA and Gold:
Mike Hartman's nightly commentary at FinancialSense.com
remarks on the obviousness of government intervention in
the gold market. You can find it here:
http://www.financialsense.com/Market/wrapup.htm
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
You CAN fight City Hall; details on silver initiative; and Mogambo cites GATA
Submitted by cpowell on Wed, 2005-08-24 03:00 Section: Daily DispatchesFed Summons 14 Banks
to Discuss Credit Derivatives
By Hamish Risk and Justin Baer
Bloomberg News Service
Wednesday, August 24, 2005
http://www.bloomberg.com/apps/news?
pid=10000103&sid=aIAtxJa2MRVI&refer=us
The Federal Reserve Bank of New York has invited 14 of the "major
participants" in the credit derivatives market to a meeting next
Greenspan didn''t want to regulate derivatives when they capped gold ...
Submitted by cpowell on Wed, 2005-08-24 03:00 Section: Daily Dispatches10:07p ET Wednesday, August 24, 2005
Dear Friend of GATA and Gold:
Another point should have been made in regard
to the Reuters story, just dispatched to you,
about the recovery of treasure from the Spanish
galleon Atocha, which sunk off the Florida Keys
in 1622.
Note that while the U.S. government claimed the
treasure after Mel Fisher and his colleagues had
done the years-long and dangerous work of
Don''t be demoralized by Treasury statement; instead, protect your gold
Submitted by cpowell on Tue, 2005-08-23 03:00 Section: Daily DispatchesTreasury Department Claims Power to Seize
Gold, Silver -- and Everything Else, GATA Says
GATA Press Release via Business Wire
Monday August 22, 2005
http://biz.yahoo.com/bw/050822/225303.html?.v=1
The U.S. Government has the authority to prohibit the private
possession of gold and silver coin and bullion by U.S. citizens
during wartime, and, during wartime and declared emergencies, to
Ted Butler: Demonizing the COTs
Submitted by cpowell on Tue, 2005-08-23 03:00 Section: Daily DispatchesBy Michael Kosares
Centennial Precious Metals, Denver
www.USAGold.com
Monday, August 22, 2005
That the government retains the power to confiscate gold has been
well-known to clients of this firm for some time. Gold ownership in
the United States is a privilege, not a right, and as distasteful as
that might seem, confiscation is a potential reality, like it or
not, so all prudent gold owners should incorporate into their
Peter Brimelow: Suspicions of gold market rigging grow
Submitted by cpowell on Mon, 2005-08-22 03:00 Section: Daily Dispatches1:36p ET Sunday, August 21, 2005
Dear Friend of GATA and Gold:
America's biggest and most sensational hard
assets-oriented financial conference, the New
Orleans Investment Conference, is coming up
again, and GATA and its supporters will have
a big part in it.
The conference will be held Sunday, October 30,
through Thursday, November 3, at the New
Orleans Marriott Hotel, and its speakers will
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