You are here

Daily Dispatches

Tide is turning for gold, Mining Web says

Section: Daily Dispatches

quot;MIDASquot; COMMENTARY FOR MAY 16, 2001
DUPLICATION PROHIBITED WITHOUT PERMISSION

By Bill Murphy
www.LeMetropoleCafe.com
May 16, 2001

Gold $272.10 up $4.30
Silver $4.45 up 15 cents

Mega-commodity fund John Henry was a huge buyer
today with Goldman Sachs executing the trades for
them. It must have been a most unwelcome big order
for Goldman Sachs, a grin-and-bear-it type.

I cannot stress enough how important the news out

Help us prod Congress to get answers from Fed and Treasury

Section: Daily Dispatches

MIDAS COMMENTARY FOR MAY 14, 2001

By Bill Murphy
www.LeMetropoleCafe.com
May 14, 2001

Gold $268.30 up 30 cents
Silver $4.34 up 1 cent

Here's a bombshell from Bob Chapman that fits in perfectly
with the information you have been getting from Midas for
the past four weeks or so. Bob, who is a big GATA supporter
and editor of the International Forecaster, sent us the
following even before he published it in his own newsletter:

GATA claims, lawsuit discussed in South African Parliament

Section: Daily Dispatches

11:38p ET Tuesday, May 15, 2001

Dear Friend of GATA and Gold:

Here is a suggestion for our American friends who would
like to help us expose the U.S. government's manipulation
of the gold price.

First, please print copies of James Turk's essay, quot;How
ESF / Bundesbank gold swap caps the gold price,quot; which
is archived in two parts here:

a href=http://groups.yahoo.com/group/gata/message/734http://groups.yahoo.com/gr...

No panic yet -- but wait until this afternoon!

Section: Daily Dispatches

10a CT Wednesday, May 16, 2001

Dear Friend of GATA and Gold:

I have just received a report from GATA's heaquarters
in Durban, South Africa, that the Gold Anti-Trust Action
Commmittee and our allegations were discussed
extensively today during the afternoon sesssion of South
Africa's Parliament in Cape Town.

Our South African publicist, Rhoda Fowler, just called
from Durban to report that she is getting hundreds of

Gold futures and stocks move higher

Section: Daily Dispatches

Daily gold market commentary
for May 16, 2001
at www.USAGold.com

Gold rallied convincingly in early New York trading,
blowing through the $270 barrier and causing concern
among traders short the market. In what I thought to be
a slightly odd assessment of this morning's market
conditions and one which perhaps reveals more than
was intended, one trader said, quot;There is no panic on
the gold market now, especially after yesterday's

Doug Casey''s commentary on GATA lawsuit

Section: Daily Dispatches

By Lisa Sanders
www.CBSMarketWatch.com
May 16, 2001

NEW YORK (CBS.MW) -- Strength in the June gold contract
Wednesday gave equities a lift and propelled both of the
major metals indices higher by more than 4 percent.

The CBOE Gold Index 1.88 to 42.13, while the Philadelphia
Gold and Silver Index added 2.53 to 61.10. Individually,
Homestake Mining rose by 5.7 percent, or 38 cents, to trade

A big day for gold and silver, and more are coming

Section: Daily Dispatches

AN UNLIKELY CONSPIRACY,
AN ENTIRELY LIKELY SWINDLE

By Doug Casey
a href=http://www.dailyreckoning.comhttp://www.dailyreckoning.com/a
May 16, 2001

Reviewing lawsuits isn't exactly my favorite form of recreation.
But I've recently been taken to task for not taking seriously a
lawsuit filed on Dec 7, 2000 by one Reginald Howe in U.S.
District Court in Massachusetts.

The suit names, among others, Alan Greenspan, the U.S.

Business Day''s report on Durban conference

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
May 13, 2001

The GATA African Gold Summit was a huge success.
Before I get into the reasons why, I would like to
thank James Turk, Frank Veneroso, and Reg Howe,
who from four to seven days on their own time to
fly all the way to Durban, South Africa, to bring
some surprising transparency to the gold market.

They were all terrific and are an inspiration to

Daily gold market commentary at www.USAGold.com

Section: Daily Dispatches

By Ilja Graulich
Business Day, South Africa
a href=http://www.bday.co.zahttp://www.bday.co.za/a
May 14, 2001

They are the $289 Club: power brokers who held the gold
price to exactly $289/oz on the last trading days of
1997, 1998, and 1999. So says the Gold Anti-Trust
Action Committee (GATA). (For the record, according to
the London Bullion Market Association, the prices were
$289, $287, and $290 respectively.)

Bullion banks told to cover by month''s end, source says

Section: Daily Dispatches

10:26a ET Monday, May 14, 2001

Dear Friend of GATA and Gold:

Here's today's gold market commentary at
www.USAGold.com, whose Internet site's
bulletin board has been a generous host to
GATA from our beginning. The USAGold daily
commentary is where many people start the
day's watch on the market.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

www.USAGold.com's

Pages