You are here

Daily Dispatches

An appeal and a warning

Section: Daily Dispatches

10:30p EDT Monday, October 4, 1999

Dear Friend of GATA and Gold:

Vincent Cook offers this excellent essay warning of the
chance of default of the fractional gold banking system
operated by the London Bullion Market Association.

Please post this as seems useful.

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

* * *

THE OTHER DEFAULT RISK

By Vincent Cook

October 4, 1999

Panic buying in Australia

Section: Daily Dispatches

12:05a EDT Tuesday, October 4, 1999

Dear Friend of GATA and Gold:

If this comes to you as an attached file and you don't
like downloading those, as I don't, you can read it on
the Internet at:

a href=http://www.egroups.com/group/gata/232.html?http://www.egroups.com/group/...

A few hours ago GATA Chairman Bill Murphy issued this
letter to his subscribers at www.lemetropolecafe.com,

Shorts default on Karachi bullion market

Section: Daily Dispatches

8:23p EDT Saturday, October 2, 1999

Dear Friend of GATA and Gold:

I bet you're tired of all the good news from me, right?

Think you can handle one more piece? It's from the
Forbes news wire. It quotes James Grant of Grant's
Interest Rate Observer as acknowledging central bank
manipulation of the price of gold, and explains the
huge leverage inherent in gold stocks. Nothing that you
probably don't already know, but it's remarkable how

Vital analysis of impending gold, silver booms

Section: Daily Dispatches

7:55p EDT Sunday, October 3, 1999

Dear Friend of GATA and Gold:

From this further dispatch from the Karachi newspaper
Dawn, it seems that the suspension of the gold market
there is due to the bankruptcy of the forward sellers
and that they are looking to be bailed out. My guess is
that they called the Federal Reserve in Washington but
Alan Greenspan was already on the phone, arranging a

SA mines plan fatal blow to gold leasing

Section: Daily Dispatches

12:28a EDT Monday, October 4, 1999

Dear Friend of GATA and Gold:

Here's a good way to start the week: Read these three
important essays at www.Gold-Eagle.com, providing
excellent analysis of the impending bull markets in
gold and silver.

a href=http://www.gold-eagle.com/gold_digest_99/butler100499.htmlhttp://www.gol...

a href=http://www.gold-eagle.com/gold_digest_99/milhouse100499.htmlhttp://www.g...

SF Chronicle smashes gold-carry trade

Section: Daily Dispatches

12:30a EDT Monday, October 4, 1999

Dear Friend of GATA and Gold:

GATA Chairman Bill quot;Midasquot; Murphy has been working
all weekend as usual, collecting intelligence on the
precious metals markets from around the world, and
has filed two more dispatches.

They are very long and I'm not going to post them
here to you, but I'll summarize them and you can
read them in their entirely without charge by taking

Long-Term Capital Management seen closing

Section: Daily Dispatches

1:50a Saturday, October 2, 1999

Dear Friend of GATA and Gold:

Here's Friday night's quot;Midasquot; dispatch from GATA
Chairman Bill Murphy to his subscribers at
www.lemetropolecafe.com. Because of its importance,
I'm sending the whole thing to you and urge you to post
it wherever you can and bring it to the attention of
political authorities and gold investors everywhere.

It appears that the manipulators that have driven the

Forbes notes leverage in gold stocks

Section: Daily Dispatches

Noon EDT Saturday, October 2, 1999

Dear Friend of GATA and Gold:

This item from Reuters foreshadows a funeral that we
won't be invited to. Enjoy.

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

* * *

LTCM may be out of business,
Fed's McDonough says

By Knut Engelmann

CHICAGO, Oct. 1 (Reuters) -- Long-Term Capital
Management, the huge U.S. investment fund that almost

A mining company president''s compliment

Section: Daily Dispatches

9:15p EDT Thursday, September 30, 1999

Dear Friend of GATA and Gold:

Here's an essay by GATA's vice chairman and treasurer,
John D. Meyer, founder of Berkshire Financial Advisors
in Great Barrington, Mass., and a 30-year veteran of
the money-management business, posted at
www.lemetropolecafe.com.

Better than anything else I've seen, John's essay
explains the meaning of the decision by the European

A squeeze to please, seen from Australia

Section: Daily Dispatches

10:40p EDT Friday, October 1, 1999

Dear Friend of GATA and Gold:

Here's a wonderful letter received today by GATA
Chairman Bill Murphy from Ron Manners, chairman of
Croesus Mining NL in Australia.

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

* * *

Dear Bill:

I am chairman of an Australian listed gold miner,
Croesus Mining NL, and have been watching your group's

Pages