You are here
Daily Dispatches
Barrick plans to cover its huge silver short position, Butler says
Submitted by cpowell on Mon, 2003-02-17 03:00 Section: Daily Dispatches7:17p ET Monday, February 17, 2003
Dear Friend of GATA and Gold:
Here's a dispatch from our friends at Depression2TV
about a couple of new essays there. You may find
them of interest.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Hello Friends and Thinkers,
This week brings two new articles from Richard Lancaster
-- one on the manipulation on the gold market, and another
Cambridge House, Candente, and GoldMoney show gold is a practical currency again
Submitted by cpowell on Mon, 2003-02-17 03:00 Section: Daily Dispatches7:52p ET Monday, February 17, 2003
Dear Friend of GATA and Gold:
In his latest commentary, silver analyst Ted Butler
discovers a statement by Barrick Gold suggesting
that the company is going to cover its mammoth
short position in silver, about which Butler has
written before, along with GATA consultant Robert
K. Landis, whose commentary on the subject
was published last May:
a href=http://www.goldensextant.com/LLCPostings2.html#anchor11425http://www.gol...
Another gold market analyst accepts GATA''s work
Submitted by cpowell on Sun, 2003-02-16 03:00 Section: Daily DispatchesTechnical Review
Gold, U.S. dollar, and Canadian dollar
Plus: Those to whom I turn!
By Jim Sinclair
Friday, February 14, 2003
a href=http://www.jsmineset.comhttp://www.jsmineset.com/a
Schultz, Guild, and Adams are, in my mind,
the most capable people in the world in terms
of understanding the markets we live in now
and for many years to come. I promised to
serve this community. I know no way better
New Orleans paper examines Blanchard suit against Barrick, Morgan Chase
Submitted by cpowell on Sun, 2003-02-16 03:00 Section: Daily Dispatches11:50a ET Sunday, February 16, 2003
Dear Friend of GATA and Gold:
Here's another gold market analyst who says he is
inclined to believe that central banks have been
suppressing the gold price through the mechanisms
identified by GATA but who can't quite bring himself
to credit our work by name. Oh, well -- the word is
still getting around.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Globe and Mail reports Embry''s switch and mentions GATA
Submitted by cpowell on Fri, 2003-02-14 03:00 Section: Daily Dispatches7:46p ET Thursday, February 13, 2003
Dear Friend of GATA and Gold:
What would you do if you ran an investment bank with the
most successful mutual fund manager in the world, a fund
manager who achieved a 153 percent return for his clients
in 2002 even as most mutual funds reported double-digit
losses?
If you were Royal Bank of Canada, you'd lose him, because
he had dared to make a success of what most investment
Jim Sinclair''s technical review of gold and the U.S. and Canadian dollars
Submitted by cpowell on Fri, 2003-02-14 03:00 Section: Daily DispatchesRBC losing fund manager
John Embry, industry veteran and gold specialist,
to become president of Sprott
By Sinclair Stewart
The Globe and Mail, Toronto
Friday, February 14, 2003
a href=http://www.globefund.com/servlet/ArticleNews/story/GFGAM/20030214/REMBht...
R
John Embry, one of the country's top fund managers,
Star gold fund manager Embry leaves Royal Bank for Sprott Asset Management
Submitted by cpowell on Thu, 2003-02-13 03:00 Section: Daily DispatchesGold: A Modern Piggly Wiggly Event?
By Jim Sinclair
a href=http://www.jsmineset.com/s/Home.asphttp://www.jsmineset.com/s/Home.asp/a
February 12, 2003
The recent selloff from the $390.80 high in
gold has not and, in my opinion, will not
alter the structure of this long-term bull
market in gold. Gold has always been and
will continue to be a market with
supply/demand skirmishes between titanic
Barrick replaces CEO, putting hedging practices in question
Submitted by cpowell on Wed, 2003-02-12 03:00 Section: Daily Dispatches10:06p ET Monday, February 10, 2003
Dear Friend of GATA and Gold:
GATA received today a recommendation from Larry Parks,
executive director of the Foundation for the Advancement
of Monetary Education, for a new book about the monetary
history of the United States. The book is written by FAME
Foundation scholar Edwin Vieira and is available for
purchase over the Internet. GATA hasn't reviewed it yet,
Live by the hedge, die by the hedge
Submitted by cpowell on Wed, 2003-02-12 03:00 Section: Daily DispatchesBy Terry Weber
The Globe and Mail, Toronto
Online Edition
Wednesday, February 12, 2003
a href=http://www.globeandmail.com/servlet/ArticleNews/front/RTGAM/20030212/wht...
bbarrickceo/Front/homeBN/breakingnews
Barrick Gold Corp., stung by production problems and a
flagging stock price, said Wednesday it is replacing its
Gold: Another short cover like the one Jesse Livermore forced on Piggly Wiggly?
Submitted by cpowell on Wed, 2003-02-12 03:00 Section: Daily Dispatches9:51p ET Wednesday, February 12, 2003
Dear Friend of GATA and Gold:
Here's more commentary from the Globe and Mail in
Toronto about the sacking of Barrick CEO Randall
Oliphant. It notes that Oliphant can hardly be alone
at Barrick in responsibility for the company's big
hedging program. But maybe a point not made in this
commentary is important amid this week's decline
in the gold price. That is, Barrick's board probably