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Got a derivatives problem? Call a JP Morgan guy!
Submitted by cpowell on Fri, 2003-06-13 03:00 Section: Daily Dispatches11:34p ET Wednesday, June 11, 2003
Dear Friend of GATA and Gold:
A few things especially worth checking tonight....
MineWeb has a dispatch about last weekend's
gold conference in Vancouver, at which GATA
Chairman Bill Murphy spoke:
a href=http://www.mips1.net/MGGold.nsf/UNID/NMOT-5NDQ97?OpenDocumenthttp://www....
And Jim Sinclair has two brief commentaries:
A report on Denver Gold Group''s convention in San Francisco
Submitted by cpowell on Fri, 2003-06-13 03:00 Section: Daily DispatchesWhite House Sends OFHEO's Brickell Nomination To Senate
By Dawn Kopecki
Dow Jones Newswires
Thursday June 12, 2003
biz.yahoo.com/djus/030612/1713001217_2.html
WASHINGTON -- After months of delay, the White House
hurried to the U.S. Senate Thursday the formal nomination
of a new director of the federal agency that regulates
Freddic Mac, just three days after the company booted its
top executives over problems with its accounting practices.
Barrick''s confession makes Insight Magazine online
Submitted by cpowell on Fri, 2003-06-13 03:00 Section: Daily DispatchesFed Is Creating Golden Opportunity
By Aaron L. Task
TheStreet.com
June 13, 2003
a href=http://www.thestreet.com/_yahoo/markets/aarontaskfree/10093462.htmlhttp:...
As fans of quot;Supermanquot; comics and/or quot;Seinfeldquot; know,
Bizarro World is a land where up is down, black is white,
good is bad and so on. In other words, it's sort of like the
Easing the gold shorts out; and South Africa cuts interest rates 1.5%
Submitted by cpowell on Fri, 2003-06-13 03:00 Section: Daily DispatchesGold Bugs Get Their Answer
By Kelly Patricia O'Meara
Insight Magazine online
June 12, 2003
a href=http://www.insightmag.com/news/439175.htmlhttp://www.insightmag.com/news...
More than a year ago, Blanchard amp; Co. of New Orleans,
the nation's largest retailer of precious-metal coins, filed
a lawsuit against J.P. Morgan Chase amp; Co. and a
Canadian mining corporation, Barrick Gold Corp.,
In Blanchard case, Barrick confesses to gold price suppression scheme
Submitted by cpowell on Wed, 2003-06-11 03:00 Section: Daily Dispatches1:19a ET Tuesday, June 10, 2003
Dear Friend of GATA and Gold:
Barrick Gold has confessed that it and its bullion banker, JP Morgan Chase amp; Co., are the direct agents of the central banks in the international control of the gold price.
Newmont says Yandal hedge is nearly down to zero
Submitted by cpowell on Wed, 2003-06-11 03:00 Section: Daily Dispatches12:08a ET Wednesday, June 11, 2003
Dear Friend of GATA and Gold:
Mike Hartman's quot;Today's Wrap-upquot; commentary at
Jim Puplava's invaluable Internet site,
www.financialsense.com, links support of stock
prices with the Federal Reserve's lately constant
intervention in the bond market -- something GATA
consultant Mike Bolser has been pointing out for
weeks now.
Here's an excerpt from Hartman's commentary:
Don''t despair, for even Richard Russell is coming around to our side
Submitted by cpowell on Wed, 2003-06-11 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rc/030611/minerals_newmont_hedging_2.htmlhttp://biz...
NEW YORK, June 11 (Reuters) -- The chief executive of
world No. 1 gold miner Newmont Mining Corp. said
Wednesday the company's controversial Australian gold
hedge book had shrunk close to zero after it assumed of
most of the unprofitable hedges of its Yandal operations
MineWeb reports on Vancouver conference, and two more Sinclair commentaries
Submitted by cpowell on Wed, 2003-06-11 03:00 Section: Daily Dispatches10:14p ET Wednesday, June 11, 2003
Dear Friend of GATA and Gold:
A longtime supporter of GATA wrote today in near-
despair at the pounding gold took Tuesday. The
manipulation of the gold market and other markets
is so brazen now, he said, but what can we ever do
to stop the bad guys?
All I could answer was that GATA would continue
to do what it has been doing for four years now,
would continue to try to expose the bad guys and
Fed, Treasury manipulate market with leaked information, unregulated derivatives
Submitted by cpowell on Tue, 2003-06-10 03:00 Section: Daily Dispatches7:44p ET Monday, June 9, 2003
Dear Friend of GATA and Gold:
South African gold analyst Victor Hugo has just
gotten even more enthusiastic about gold's
prospects, and offers compliments for GATA
besides, so how can we resist recommending
his latest essay at Kitco? You can find it here:
a href=http://www.kitco.com/ind/Hugo/jun092003.htmlhttp://www.kitco.com/ind/Hug...
Barrick confesses: We and Morgan Chase are agents of the central banks
Submitted by cpowell on Tue, 2003-06-10 03:00 Section: Daily Dispatches12:40a ET Tuesday, June 10, 2003
Dear Friend of GATA and Gold:
The mechanism by which the U.S. government manipulates
the various markets was brilliantly and succinctly
explained by today's editions of The King Report, a
daily publication of M. Ramsey King Securities of
Burr Ridge, Ill. (telephone 630-789-0607). An excerpt
is appended.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.