You are here
Daily Dispatches
Ted Butler: None so blind
Submitted by cpowell on Tue, 2005-03-22 03:00 Section: Daily DispatchesBy David McKay
MiningMx.com
Tuesday, March 22, 2005
DRDGOLD has today applied to liquidate its operating
shafts in South Africa's North West province (Blyvoor
and Harties) in a step that saves the group from
bankruptcy but cedes a third of its 15 million in gold
reserves.
The decision is likely to stir the ire of unions, as
some 5,600 jobs have been placed in jeopardy.
The application to liquidate the mines also opens the
GATA''s international press release on Veneroso report in Gold Newsletter
Submitted by cpowell on Mon, 2005-03-21 03:00 Section: Daily Dispatches9:30p ET Sunday, March 20, 2005
Dear Friend of GATA and Gold:
Resource Investor's Tim Wood tonight has posted
his essay "GATA's Fatal Gold Solipsism," which
seems to argue, contrary to GATA's recent
suggestion, that gold should not necessarily have
any correlation with the CRB Index. You can find
Wood's essay here:
Learn the basics of precious metals at Solari''s Precious Metals Miniseries
Submitted by cpowell on Mon, 2005-03-21 03:00 Section: Daily DispatchesNew Report on Gold Market
By Veneroso Vindicates GATA
GATA press release via Business Wire
Monday, March 21, 2005
http://home.businesswire.com/portal/site/google/index.jsp?
ndmViewId=news_view&newsId=20050321005333&newsLang=en
Frank Veneroso, perhaps the world's foremost gold market analyst,
has written a new study of the market that the Gold Anti-Trust
The big scandal isn''t what is illegal but what is perfectly legal
Submitted by cpowell on Mon, 2005-03-21 03:00 Section: Daily Dispatches8p ET Monday, March 21, 2005
Dear Friend of GATA and Gold:
Here's a little plug for the Precious Metals Miniseries
of Solari Teleseminars, the undertaking of GATA board
member Catherine Austin Fitts. It will make a donation
to GATA for everyone who enrolls. Please check it out.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Announcing Solari Teleseminars
James Turk: The Fed''s track record isn''t pretty
Submitted by cpowell on Sun, 2005-03-20 03:00 Section: Daily DispatchesBy The Associated Press
Friday, March 18, 2005
http://biz.yahoo.com/ap/050318/fed_citigroup_2.html
WASHINGTON -- The Federal Reserve has barred Citigroup Inc., the
largest U.S. financial institution, from making major new
acquisitions until it corrects regulatory problems that have gotten
it into trouble with authorities in several countries.
Germany''s Silberinfo interviews GATA''s officers
Submitted by cpowell on Sun, 2005-03-20 03:00 Section: Daily Dispatches12:55p ET Sunday, March 20, 2005
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the
Freemarket Gold & Money report and consultant
to GATA, has measured the dollar's long-term
decline in value and taken note of the more
recent declines in shares of Fannie Mae,
Freddie Mac, General Motors, and AIG. You'll
like his conclusion. Just go to the GoldMoney
home page here:
Veneroso''s report for Gold Newsletter vindicates GATA
Submitted by cpowell on Sun, 2005-03-20 03:00 Section: Daily Dispatches1:05p ET Sunday, March 20, 2005
Dear Friend of GATA and Gold:
Our friends at the Silberinfo Internet site in Germany
have just posted interviews with GATA Chairman Bill
Murphy and your secretary/treasurer.
The German versions can be found here:
http://silberinfo.w3concepts.net/cms/front_content.php?
client=1&lang=1&idcat=47&idart=1208
The pirates of the Caribbean are propping up the Treasury bond market
Submitted by cpowell on Sun, 2005-03-20 03:00 Section: Daily Dispatches4:05p ET Sunday, March 20, 2005
Dear Friend of GATA and Gold:
Frank Veneroso, perhaps the world's foremost gold
market analyst, has written a new study of the
market that concurs almost completely with GATA's
long-held positions.
Veneroso's report has been posted at the Internet
site of Gold Newsletter and concludes:
* The gold market is "managed" by central banks
through their sales and leasing of gold.
Remember these guys, the ones who actually mine the stuff?
Submitted by cpowell on Sun, 2005-03-20 03:00 Section: Daily Dispatches4:42p ET Sunday, March 20, 2005
Dear Friend of GATA and Gold:
Where is all the buying of U.S. Treasury bonds
coming from now that Asian central banks seem
to be diversifying out of the dollar? Ron Kirby
calls attention to what he calls the "pirates of
the Caribbean" -- those mysterious offshore
banks that can front for anybody, including,
perhaps, the U.S. government itself.
Resource Investor''s Tim Wood says gold should have little relation to CRB
Submitted by cpowell on Sun, 2005-03-20 03:00 Section: Daily DispatchesHigher Gold Prices Stir
New Interest in Western Mines
By Joseph B. Frazier
Associated Press
Sunday, March 20, 2005
http://biz.yahoo.com/ap/050320/gold_revisited_2.html
BURNT RIVER CANYON, Ore. -- As the icy waters of Clark Creek swirl
in his gold pan, Ken Anderson expertly reduces the contents, first
to small pebbles, then smaller ones, then to a little sand.