You are here
Daily Dispatches
NYTimes prints Bloomberg story about Barrick''s reversal on hedging
Submitted by cpowell on Sat, 2003-11-22 03:00 Section: Daily Dispatches12:24a ET Saturday, November 22, 2003
Dear Friend of GATA and Gold:
Something really strange is going on with Barrick Gold.
Thursday at a financial conference in London, Barrick
Chairman Peter Munk made what MineWeb called a
quot;spiritedquot; defense of the company's policy of selling
so much of its gold in advance of its production. But
today Munk told news reporters at the same conference
Don''t be preoccupied with the short term for the gold price
Submitted by cpowell on Sat, 2003-11-22 03:00 Section: Daily DispatchesGold Prices Gain as Big Miner Abandons Hedging Strategy
Bloomberg News in The New York Times
November 22, 2003
a href=http://www.nytimes.com/2003/11/22/business/22gold.html?http://www.nytime...
ex=1155877200amp;en=199a4465d0368109amp;ei=5035amp;partner=MARKETWATCH
Gold futures in New York rose for the first time in three
days yesterday after Barrick Gold, the big producer,
Barrick won''t hedge anymore, Chairman Munk says
Submitted by cpowell on Fri, 2003-11-21 03:00 Section: Daily Dispatches10:51p ET Wednesday, November 19, 2003
Dear Friend of GATA and Gold:
Thanks to GATA's Mark Webber for the transcript of
Sprott Asset Management President John Embry's
interview on Report on Business Television in
Canada this week. It's appended here.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
ROB-TV's quot;Lunch Moneyquot; with Michael Hainsworth
Feds Charge 47 in Foreign Exchange Fraud
Submitted by cpowell on Wed, 2003-11-19 03:00 Section: Daily Dispatches9:15p ET Tuesday, November 18, 2003
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's quot;Midasquot; commentary
for Monday, November 17, at LeMetropoleCafe.com
has been posted in the clear at GoldSeek and
Kitco here:
a href=http://news.goldseek.com/LemetropoleCafe/1069168988.phphttp://news.golds...
a href=http://www.kitco.com/ind/Murphy/nov172003.htmlhttp://www.kitco.com/ind/M...
Recommended reading: Calandra, Hathaway, Sinclair, Murphy
Submitted by cpowell on Wed, 2003-11-19 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rb/031119/financial_forex_charges_5.htmlhttp://biz....
By Daniel Bases
NEW YORK, Nov. 19 (Reuters) -- The U.S. Justice
Department said on Wednesday it charged 47 people,
including employees of J.P. Morgan Chase and UBS,
with fraud and other criminal offenses in the
foreign exchange market after a slew of arrests
Options writers desperate to keep gold below $400 through Monday, Embry says
Submitted by cpowell on Wed, 2003-11-19 03:00 Section: Daily Dispatches10:51p ET Wednesday, November 19, 2003
Dear Friend of GATA and Gold:
Tonight's recommended reading.....
* Thom Calandra's quot;StockWatchquot; column at
CBSMarketWatch asks: Inflation or deflation?
Calandra quotes GATA consultant Frank Veneroso.
You can find it here:
a href=http://cbs.marketwatch.com/news/story.asp?guid=%7BA9D6AA27%2D7F01%http:/...
Heed Buffett''s view of the U.S. dollar, James Turk writes
Submitted by cpowell on Tue, 2003-11-18 03:00 Section: Daily Dispatches11:44p ET Monday, November 17, 2003
Dear Friend of GATA and Gold:
John Embry, president of Sprott Asset Management
in Toronto, will be the guest on the quot;Market Callquot;
program with Jim O'Connell on Report on Business
Television in Canada at 12:20 p.m. Tuesday.
CHRIS POWELL, Secretary/Treasurer
Gold hits $400
Submitted by cpowell on Tue, 2003-11-18 03:00 Section: Daily Dispatches4:53p ET Tuesday, November 18, 2003
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of the Freemarket
Gold and Money Report and proprietor of GoldMoney,
has new commentary at the GoldMoney Internet site.
It's titled quot;Warren Buffett's View of the U.S. Dollar,quot;
and you can find it in the quot;Founder's Commentaryquot;
box at the top left of the GoldMoney site here:
''Midas'' commentary for November 17 posted at GoldSeek and Kitco
Submitted by cpowell on Tue, 2003-11-18 03:00 Section: Daily Dispatches7:58p ET Tuesday, November 18, 2003
Dear Friend of GATA and Gold:
The gold price pierced $400 at 7:45 p.m.
Eastern time. As Churchill might say,
it's not the end, nor the beginning of
the end, but perhaps the end of the
beginning. Thanks to all who have
mobilized in the continuing struggle for
free markets and free people.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold knocks on $400 as Tokyo stocks fall sharply
Submitted by cpowell on Mon, 2003-11-17 03:00 Section: Daily Dispatches5:51p ET Sunday, November 16, 2003
Dear Friend of GATA and Gold:
Check out these divergent views on commodities.
Jim Sinclair and Monty Guild write quot;A Little Help from
Your Friendsquot; at Sinclair's Internet site. They argue
that rising standards of living in China and Asia will
send commodities prices up for years. You can find
their essay here: