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Bond manager Bill Gross argues for dollar devaluation
Submitted by cpowell on Mon, 2003-01-13 03:00 Section: Daily Dispatches12:53a ET Monday, January 13, 2003
Dear Friend of GATA and Gold:
The story from the Sunday Times in South
Africa that is appended here is sent to you
not for the investment advice it contains but
for the observation made by one of the
investment bankers quoted, Michael Schroder
of Old Mutual Asset Managers.
Speaking of prospects for the gold price,
Schroder says: quot;Central banks are the key
People outside the United States are starting to figure out the money scheme
Submitted by cpowell on Mon, 2003-01-13 03:00 Section: Daily Dispatches1:25a ET Monday, January 13, 2003
Dear Friend of GATA and Gold:
The latest commentary by Bill Gross of bond house
Pimco overlooks the key to the U.S. government's
quot;strong dollar policyquot; -- the surreptitious suppression
of the gold price -- but he's interesting anyway for
urging the devaluation of the dollar. Someone should
ask him about devaluing the dollar against the
nastiest four-letter word in a central banker's
A pseudonymous reply to GATA at MineWeb
Submitted by cpowell on Mon, 2003-01-13 03:00 Section: Daily DispatchesWhy gold is gaining in
a world awash with dollars
By Ian Lamont
The Scotsman, Edinburgh
January 13, 2003
a href=http://www.business.scotsman.com/economy.cfm?id=43182003http://www.busin...
The largest collection of warplanes ever
assembled is airborne. Their bomb bays are
burgeoning. Each flight is approaching its
target for a co-ordinated strike. Their
Richard Russell essay on gold at Gold-Eagle
Submitted by cpowell on Sun, 2003-01-12 03:00 Section: Daily DispatchesCOPYRIGHT 2003, www.LeMetropoleCafe.com
Not to be reproduced without permission
For a free two-week trial membership,
visit www.LeMetropoleCafe.com
* * *
EXCERPTS FROM 'MIDAS' COMMENTARY
FOR WEDNESDAY, JANUARY 8, 2003
By BILL MURPHY
Gold $353.80, up $6.90
Silver $4.83, up 4 cents
Yesterday's Midas commentary headline, quot;Don't
Expect Gold To Stay Down For Very Long,quot; has
Excerpts from ''Midas'' commentary for Wednesday, January 8, 2003
Submitted by cpowell on Thu, 2003-01-09 03:00 Section: Daily DispatchesBy Mike Bolser, Consultant
Gold Anti-Trust Action Committee Inc.
January 8, 2003
Medically, the application of leeches was
historically beneficial for then unknown
anti-coagulation reasons. An enzyme in leech
saliva thinned the blood and staved off
potential clotting. The trick was not to
overdo this bizarre quot;therapyquot; because too
much blood thinning could lead to excessive
internal blood loss and the patient's death.
T* and the Leeches
Submitted by cpowell on Wed, 2003-01-08 03:00 Section: Daily Dispatches8:44p ET Monday, January 6, 2003
Dear Friend of GATA and Gold:
MineWeb tonight has an interview with our friend,
quot;Mr. Goldquot; himself, Jim Sinclair, CEO of Tan
Range Exploration, who predicts a near-term
gold price of $372, and, after that, $400. You can
find the interview here:
a href=http://www.theminingweb.com/mineweb.htmhttp://www.theminingweb.com/minew...
CHRIS POWELL, Secretary/Treasurer
GATA issues national press release urging SEC to probe Morgan''s gold business
Submitted by cpowell on Mon, 2003-01-06 03:00 Section: Daily Dispatches11:45a ET Sunday, January 5, 2003
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of The Freemarket
Gold amp; Money Report, has just published in his
newsletter an open letter asking the U.S. Securities
and Exchange Commission to investigate the substance
of Morgan Chase's involvement with gold, rather than
merely the source of rumors about that involvement --
the latter being the kind of investigation Morgan
Reuters reports GATA''s appeal to SEC for probe of Morgan''s gold business
Submitted by cpowell on Mon, 2003-01-06 03:00 Section: Daily DispatchesGATA NATIONAL PRESS RELEASE
GATA Urges SEC to Investigate
Morgan's Denial of Any Involvement in Gold Market
Business Editors
DALLAS (BUSINESS WIRE), Jan. 6, 2003 --The Gold Anti-Trust
Action Committee has urged the U.S. Securities and Exchange
Commission to investigate J.P. Morgan Chase amp; Co.'s denial of
any exposure to changes in the price of gold.
GATA's appeal to the SEC was made today in a letter written
GATA''s Murphy and Turk interviewed on National Public Radio broadcast
Submitted by cpowell on Mon, 2003-01-06 03:00 Section: Daily DispatchesGold group urges SEC to investigate JP Morgan
a href=http://biz.yahoo.com/rc/030106/markets_gold_gata_1.htmlhttp://biz.yahoo....
NEW YORK, Jan. 6 (Reuters) -- The Gold Anti-Trust Action
Committee (GATA), a group alleging banks and governments
are covering up a conspiracy to keep gold prices down, has
asked the U.S. Securities and Exchange Commission to
MineWeb interviews ''Mr. Gold,'' Jim Sinclair
Submitted by cpowell on Mon, 2003-01-06 03:00 Section: Daily Dispatches8:17p ET Monday, January 6, 2003
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy and GATA consultant James
Turk, editor of The Freemarket Gold amp; Money Report,
were interviewed tonight as part of the lead story on the
quot;Marketplacequot; business news program on the National
Public Radio network in the United States. The program
was broadcast on dozens of stations throughout the country