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Daily Dispatches
Like Rothschild, AIG resigns market maker positions in gold and silver
Submitted by cpowell on Wed, 2004-06-02 03:00 Section: Daily Dispatches1:07a ET Wednesday, June 2, 2004
Dear Friend of GATA and Gold:
Robert McHugh of TechnicalIndicatorIndex.com reports
an explosion in the M-3 money supply in the United
States and construes it as the Federal Reserve's
preparation for some sort of catastrophic event.
Apparently Richard Russell of Dow Theory Letters
has called attention to the same development.
McHugh writes:
"The Federal Reserve has confirmed our stock market
Ted Butler: Silver''s outlook remains spectacular in trader report
Submitted by cpowell on Wed, 2004-06-02 03:00 Section: Daily Dispatches1:22a ET Wednesday, June 2, 2004
Dear Friend of GATA and Gold:
AIG International has been to the silver market what
N.M. Rothschild has been to the gold market. And
now, as you'll see from the Reuters story appended,
AIG is resigning its leadership of the gold and
silver markets just as Rothschild resigned its
leadership of the gold market.
Maybe it's just a coincidence. Or maybe the people
Gold demand rises sharply despite price increase
Submitted by cpowell on Wed, 2004-06-02 03:00 Section: Daily Dispatches1:55a ET Wednesday, June 2, 2004
Dear Friend of GATA and Gold:
Ted Butler's new commentary on the silver market
begins this way:
"Still spectacular. That's the only way to describe
the current COMEX market structure, as evidenced
by the Commitments of Traders (COT) report. Not
only have the COTs for silver, gold, and copper
remained in strong "buy signal" territory, the latest
Fed''s frantic money-pumping would compensate for Bank of Japan''s withdrawal
Submitted by cpowell on Wed, 2004-06-02 03:00 Section: Daily DispatchesDemand For Gold Up 30%
By Jane Padgham
London Evening Standard
Wednesday, June 2, 2004
http://www.thisislondon.co.uk/news/business/articles/timid78950?
source=
Gold was in big demand during the first three months
of this year, despite a sharp increase in its price
triggered by the sliding dollar.
Figures today from the World Gold Council show
''Midas'' commentary for May 31 posted at FinancialSense.com and GoldSeek.com
Submitted by cpowell on Tue, 2004-06-01 03:00 Section: Daily Dispatches10:30a ET Monday, May 31, 2004
Dear Friend of GATA and Gold:
James Turk, proprietor of GoldMoney.com, editor of
the Freemarket Gold & Money Report, and GATA
consultant, has updated his dollar and gold charts
and found that the dollar has fallen off the precipice
on which he had recently charted it. You can find
Turk's analysis, titled "Trouble for the Dollar," in
the "Founder's Commentary" box at the top left of
Barrick and Placer Dome lead in closing hedges
Submitted by cpowell on Tue, 2004-06-01 03:00 Section: Daily Dispatches4:43p ET Tuesday, June 1, 2004
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary for
Monday, May 31, at LeMetropoleCafe.com has been
posted in the clear at FinancialSense.com and
GoldSeek.com here:
http://www.financialsense.com/editorials/murphy/2004/0531.html
James Turk: Trouble for the dollar
Submitted by cpowell on Mon, 2004-05-31 03:00 Section: Daily Dispatches2:21p ET Sunday, May 30, 2004
Dear Friend of GATA and Gold:
How does the Gold Anti-Trust Action Committee know
that central banks are working with bullion banks and
other financial houses to suppress the price of gold?
We know because of the painstaking research of our
consultants -- Reg Howe, James Turk, Andrew Hepburn,
Mike Bolser, and Bob Landis. They have gone through
the official reports and the footnotes of the Bank for
How do we know that central banks rig the gold market? They TOLD us
Submitted by cpowell on Sun, 2004-05-30 03:00 Section: Daily DispatchesA glint of chicanery in the silver market?
By Mike Blahnik
Minneapolis Star-Tribune
Sunday, May 30, 2004
http://www.startribune.com/stories/535/4799894.html
Is the silver market tarnished?
Hundreds of silver investors passionately believe that
prices have been manipulated downward for years by
a coalition of financial institutions, costing investors
Minneapolis Star-Tribune: A glint of chicanery in the silver market?
Submitted by cpowell on Sat, 2004-05-29 03:00 Section: Daily Dispatches10:53p ET Friday, May 28, 2004
Dear Friend of GATA and Gold:
What could be better than a precious metals
conference in Vancouver in June? Only one held
while the gold price is breaking through $400.
You just might get that Sunday and Monday, June
13 and 14, at the 2004 World Gold, PGM, and
Diamond Conference at the Vancouver Convention
and Exhibition Centre.
In any case, if you're there you'll get
Fed fudged accounting after 9/11, Dallas reserve bank head says
Submitted by cpowell on Fri, 2004-05-28 03:00 Section: Daily Dispatches6:07p ET Wednesday, May 26, 2004
Dear Friend of GATA and Gold:
GoldMoney founder, Freemarket Gold & Money Report
editor, and GATA consultant James Turk takes a look
at the housing bubble and finds that it may be
popping. You can find his analysis in the "Founder's
Commentary" box at the top left of the GoldMoney
home page here: