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Daily Dispatches
GOLD PRICE MANIPULATION OR NOT? AN EXCHANGE
Submitted by cpowell on Fri, 1999-05-14 03:00 Section: Daily Dispatches1:30 a.m. EDT Saturday, May 15, 1999
Dear Friends of GATA and Gold:
Here's another exchange with Martin Armstrong of
Princeton Economics that may be of interest.
CHRIS POWELL
Secretary, Gold Anti-Trust Action Committee Inc.
* * *
Friday, May 14, 1999
Dear Chris:
There is no interest in gold on the part of
institutional investors while coin sales due to Y2K
scares are high. I had dinner with the Royal Canadian
COLLUSION OR NOT? PART 2
Submitted by cpowell on Fri, 1999-05-14 03:00 Section: Daily Dispatches10 p.m. EDT Saturday, May 15, 1999
Dear Friends of GATA and Gold:
Here's what will be the final exchange for a while
between Martin Armstrong of Princeton Economics and
myself. While I might quibble with him about William
Jennings Bryan, Long-Term Capital Management, and a few
other things here, I accept much of what he says, think
you'll find his history and insight valuable again, and will
Murphy Commentary for 5/13/99
Submitted by cpowell on Thu, 1999-05-13 03:00 Section: Daily Dispatches11:45 p.m. EDT Friday, May 14, 1999
Dear Friends of GATA and Gold:
GATA Chairman Bill Murphy is on the road for a couple
of days and there doesn't seem much to share tonight
about the gold market beyond the usual sources that you
probably check anyway, so I'll share this correspondence
between myself and Martin Armstrong of Princeton
Economics. I hope it's better than nothing!
CHRIS POWELL
A big development Thursday 5/13 GMT?
Submitted by cpowell on Wed, 1999-05-12 03:00 Section: Daily DispatchesMIDAS COMMENTARY FOR MAY 12, 1999
By Bill Murphy
Spot Gold $276.80, down $1.10
Spot Silver $5.36, down 3 cents
Technicals....
Goldman Sachs and Deutsche were all over gold today,
selling it in "boatloads." They were all over it
yesterday too. The technicals are certainly bearish,
but they meant nothing on the upside and mean little
here either. This is a manipulated market. When the
MIDAS COMMENTARY FOR 5/12/99, Page 1
Submitted by cpowell on Wed, 1999-05-12 03:00 Section: Daily DispatchesPAGE 2, MIDAS COMMENTARY FOR MAY 12, 1999
"AH: George, you've obviously been watching the
'conspiracy' theorists who believe that every time the
gold price is ready to raise its head, something knocks
it back quite badly. We saw that happening again this
week. In fact last week the gold price seemed to be
heading above $290 and maybe even to $300 before the UK
announcement came out. What's your take on these
Page 2, Midas commentary for 5/12/99
Submitted by cpowell on Wed, 1999-05-12 03:00 Section: Daily DispatchesEvening Update 5/12/99 8:27 PM ET
http://www.thestreet.com/markets/eveningupdate/745979.html
By Aaron L. Task
TheStreet.com
Gold Intrigue Deepens, Perhaps
Rumors percolated through the zany, nutty, madcap
gold market this evening about some "announcement"
out of Europe tomorrow that could boost the
flagging metal.
We''ve hit "The Street" Again
Submitted by cpowell on Wed, 1999-05-12 03:00 Section: Daily Dispatches9 p.m. EDT Thursday, May 13, 1999
Dear Friends of GATA and Gold:
Here's GATA Chairman Bill Murphy's brief commentary
tonight to members of www.lemetropolecafe.com.
It elaborates on the gold business news we were
expecting today.
CHRIS POWELL
Secretary, Gold Anti-Trust Action Committee Inc.
(GATAComm@aol.com)
-----------------------
Le Metropole members:
Silver rocketed up 20 cents today and closed at $5.56.
Midas Commentary for May 10, 1999
Submitted by cpowell on Tue, 1999-05-11 03:00 Section: Daily DispatchesHARRY BINGHAM COMMENTARY, MAY 10, 1999
Following is a gold report by Harry Bingham,
internationally acclaimed gold expert, president of Van
Eck Institutional Advisers and manager of PIMCO
Precious Metals Fund among other accounts. Furthermore,
he is a well-known speaker of frequent Gold Conferences
in the U.S. and Canada and is often interviewed on
nationally syndicated TV programs.
Harry Bingham commentary for May 10, 1999
Submitted by cpowell on Tue, 1999-05-11 03:00 Section: Daily DispatchesFrom World Net Daily
Tuesday, May 11, 1999
Trouble in the gold market?
Analysts see move to manipulate prices
By Jon E. Dougherty
c 1999 WorldNetDaily.com
Whether influenced by uncertainties stemming from Y2K
or because global financial markets took a dramatic
turn for the worst, most gold analysts agree that 1998
was a "record year" for sales. So far, in 1999, record
buying has not subsided, according to the U.S.
World Net Daily article about GATA
Submitted by cpowell on Tue, 1999-05-11 03:00 Section: Daily Dispatches11:20 p.m. EDT Wednesday, May 12, 1999
Dear Friends of GATA and Gold:
Tonight's Midas commentary by Bill Murphy,
chairman of the Gold Anti-Trust Action
Committee and Le Patron of
www.lemetropolecafe.com, has just been
emailed to you in two parts because of
its length. (I hate having to try to open
attached files!)
Please let me call your attention to Bill's
brief mention of the big developments in the
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