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A Denial by Long-Term Capital Management
Submitted by cpowell on Thu, 1999-06-17 03:00 Section: Daily DispatchesPART 2, HOUSE OF COMMONS SOUNDS LIKE GATA
I have already quoted Mr. Greenspan, who said that in
1944 Germany could not buy anything except with gold.
In a real crisis, there is no doubt that gold is
important. It is not just my taxi driver who takes that
view. When I was in Vietnam last year, everybody told
me that every Vietnamese peasant has gold underneath
his floorboards or his straw because the Vietnamese
Part 2, House of Commons sounds like GATA
Submitted by cpowell on Thu, 1999-06-17 03:00 Section: Daily Dispatches11:15p EDT Thursday, June 17, 1999
Dear Friend of GATA and Gold:
Please pardon the length of this dispatch -- it's in
three parts -- but I think you will find it interesting. It is
the better part of a debate yesterday in the British
House of Commons about the Bank of England's plan
to sell a huge part of its gold reserves.
Two members, Sir Peter Tapsell and Quentin Davis,
conducted the debate for the gold side essentially on
House of Commons sounds like GATA, Part 1
Submitted by cpowell on Thu, 1999-06-17 03:00 Section: Daily DispatchesPart 3, House of Commons sounds like GATA
We will have a better diversified portfolio. We will
not be as concentrated in gold as in the past. At the
moment, we are twice as exposed to movements in the
gold price as to movements in the value of the dollar.
Therefore, it is a simple portfolio decision, designed
to reduce the risk borne by the British taxpayer.
The hon. Members for Louth and Horncastle and for
Part 3, House of Commons sounds like GATA
Submitted by cpowell on Thu, 1999-06-17 03:00 Section: Daily Dispatches11a EDT Saturday, June 26, 1999
Dear Friend of GATA and Gold:
Here's a special dispatch from GATA Chairman
Bill Murphy to members of his web site,
www.lemetropolecafe.com.
While signs of manipulation of the gold market are
everywhere, I am encouraged by the growing and
increasingly influential opposition to the proposal to
have the International Monetary Fund sell gold
assigned to it by its member nations. It is now generally
Gold shorts are in for a surprise
Submitted by cpowell on Tue, 1999-06-15 03:00 Section: Daily Dispatches1p EDT Thursday, June 17, 1999
Dear Friend of GATA and Gold:
Long-Term Capital Management has sent our lawyers a
formal denial of involvement in the gold business,
though its wording is something less than comprehensive.
The following dispatch from Dow Jones Commodities
Service today explains the situation.
As veteran of quite a few libel lawsuits and threats of
lawsuits during my 30 years in the newspaper
GATA cited in Gartman Letter, Gold Newsletter
Submitted by cpowell on Mon, 1999-06-14 03:00 Section: Daily Dispatches1:15a EDT Wednesday, June 16, 1999
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy has just posted the following
commentary at www.lemetropolecafe.com. There are
indications that we all should stay tuned, and watch
closely.
Please post this as seems helpful.
CHRIS POWELL
Secretary, Gold Anti-Trust Action Committee Inc.
* * *
June 15, 1999
Spot Gold $259.20 down $1.10
Big problems developing for the colluders
Submitted by cpowell on Sat, 1999-06-12 03:00 Section: Daily Dispatches9:45p Monday, June 14, 1999
Dear Friend of GATA and Gold:
There's good news and bad news for GATA, but even the
bad news is good.
The bad news, such as it is, is that GATA was
disparaged loudly in a recent issue of the Gartman
Letter, a major commodities market publication. Here's
what the Garman Letter had to say:
quot;The Gold Anti-Trust Action Committee (GATA), a
gathering of disgruntled gold bulls, is in the news
Bill Murphy''s speech to the NY gold show
Submitted by cpowell on Sun, 1999-06-06 03:00 Section: Daily Dispatches5:30p EDT Saturday, June 12, 1999
Dear Friend of GATA and Gold:
Here's an especially important quot;Midasquot; commentary by
GATA Chairman Bill Murphy at www.lemetropolecafe.com.
Please post this wherever it may be of interest.
CHRIS POWELL
Secretary, Gold Anti-Trust Action Committee Inc.
* * *
A Financial Scandal Unfolding Slowly Before Your Eyes
By Bill Murphy
June 11, 1999. Spot Gold $260.40, up $2.10
Report on the New York gold show
Submitted by cpowell on Thu, 1999-06-03 03:00 Section: Daily Dispatches1:45a Friday, June 4, 1999
Dear Friend of GATA and Gold:
Here's one more indication that the Gold Anti-Trust
Action Committee is now fully mainstream.
The June issue of Mark Skousen's quot;Forecasts amp;
Strategiesquot; newsletter, published today, endorses
GATA's analysis of the gold market and gives us a
good plug.
Skousen doesn't get our legal strategy quite right;
we're not planning necessarily to sue governments and
Mark Skousen''s newsletter plugs GATA
Submitted by cpowell on Thu, 1999-06-03 03:00 Section: Daily Dispatches12:15a EDT Monday, June 7, 1999
Dear Friend of GATA and Gold:
Here is GATA Chairman Bill Murphy's speech to the
Northeast Investment in Mining Conference last Thursday
at the Marriot Marquis hotel in New York.
CHRIS POWELL
Secretary, Gold Anti-Trust Action Committee Inc.
* * *
Much is being said about the Gold Anti-Trust Action
Committee, but unfortunately most if it has been sound-