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Gold''s rise and dollar''s fall are actually accelerating, GoldMoney''sTurk reports
Submitted by cpowell on Sat, 2004-02-14 03:00 Section: Daily DispatchesBy James Turk, Editor
The Freemarket Gold amp; Money Report
Letter No. 339
February 9, 2004
Copyright 2004, The Freemarket Gold amp; Money Report
Republished by permission
New Hampshire made history this week. It is the first state
since President Roosevelt's gold confiscation in 1933 to
attempt the praiseworthy goal of returning to constitutional
money -- gold and silver coin. I am honored that I had a
Important commentaries by Jim Sinclair
Submitted by cpowell on Sat, 2004-02-14 03:00 Section: Daily Dispatches9:40a ET Saturday, February 14, 2004
Dear Friend of GATA and Gold:
GoldMoney proprietor James Turk, editor of The
Freemarket Gold amp; Money Report, has done
more great technical analysis of the gold price
and the dollar. With charts he shows that
despite the rude treatment of gold Friday, its
upward trend is actually accelerating, just as
the dollar's downward trend is.
You can find Turk's analysis in the quot;Founder's
Time again for central banks to scare gold buyers
Submitted by cpowell on Sat, 2004-02-14 03:00 Section: Daily Dispatches10a ET Saturday, February 14, 2004
Dear Friend of GATA and Gold:
Jim Sinclair posted important commentaries Friday,
particularly quot;Saved by the Weekendquot; and quot;Gold
Market Summary.quot; You can find them here after
scrolling down a little:
a href=http://www.jsmineset.com/http://www.jsmineset.com//a
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Barrick upholds hedge-cut pledge despite cost
Submitted by cpowell on Fri, 2004-02-13 03:00 Section: Daily Dispatches12:42a ET Thursday, Februay 12, 2004
Dear Friend of GATA and Gold:
Here's some great macro analysis by the brilliant
Jim Puplava of FinancialSense.com, an essay titled
quot;Looking for the Next Bubblequot;:
a href=http://www.financialsense.com/Market/archive/2004/0209.htmlhttp://www.fi...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Unrealized loss on Barrick''s gold hedging nears $2 billion
Submitted by cpowell on Fri, 2004-02-13 03:00 Section: Daily DispatchesBy Nicole Mordant
Reuters
a href=http://biz.yahoo.com/rm/040213/minerals_barrick_earns_1.htmlhttp://biz.y...
Friday, February 13, 2004
VANCOUVER, British Columbia -- Barrick Gold Corp. said
Friday it was prepared to lose out on higher gold prices on
a third of its output this year as it lives up to a promise
to wipe out its bulky hedge book.
A campaign to restore sound money in New Hampshire
Submitted by cpowell on Fri, 2004-02-13 03:00 Section: Daily Dispatches8:26p ET Friday, February 13, 2004
Dear Friend of GATA and Gold:
MineWeb's Tim Wood has an interesting account of
Barrick Gold's comments today about reductions in
its huge gold hedge book. Here's an especially
interesting excerpt:
quot;The reductions have been insufficient to stave off
ballooning unrealized losses on the hedge book,
though. It stood at a whopping mark-to-market loss
''Looking for the Next Bubble'' by Jim Puplava
Submitted by cpowell on Thu, 2004-02-12 03:00 Section: Daily DispatchesGreenspan welcomes weak dollar
By Jennifer Hughes
Financial Times
Wednesday, February 11, 2004
a href=http://news.ft.com/servlet/ContentServer?http://news.ft.com/servlet/Cont...
pagename=FT.com/StoryFT/FullStoryamp;c=StoryFTamp;cid=1075982458615amp;p=101257
1727088
The euro came within a cent of its lifetime highs against
the dollar on Wednesday after Alan Greenspan, chairman
In testimony to Congress, Fed chairman welcomes weaker dollar
Submitted by cpowell on Wed, 2004-02-11 03:00 Section: Daily Dispatches1:39a ET Tuesday, February 10, 2004
Dear Friend of GATA and Gold -- and Silver!:
Here's a fun report about the recent Vancouver International
Resource Investment Conference -- and silver -- by David
Bond:
a href=http://www.321gold.com/editorials/bond/bond020904_wsj.htmlhttp://www.321...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Globalization destroys local production and only gold can restore it
Submitted by cpowell on Tue, 2004-02-10 03:00 Section: Daily Dispatches9:54p ET Monday, February 9, 2004
Dear Friend of GATA and Gold:
MineWeb tonight has two interesting reports about the rush
to develop gold bullion equity funds and the World Gold
Council's problems in getting its own to work.
The first is by Tim Wood and is headlined quot;WGC Pushes on
with US Gold Fund.quot; You can find it here:
a href=http://trinity.mips1.net/MGGold.nsf/UNID/TWOD-5VZNMB?OpenDocumenthttp://...
David Bond''s report on the Vancouver conference -- and silver
Submitted by cpowell on Tue, 2004-02-10 03:00 Section: Daily Dispatches12:56a ET Tuesday, February 10, 2004
Dear Friend of GATA and Gold:
Gold-Eagle has posted a fascinating commentary by GATA's
great friend, Hugo Salinas Price, quot;Globalization Dissected,quot;
which shows how economic globalization is destroying
local production in most countries and creating worldwide
imbalances that can only end catastrophically. Salinas
Price argues that only returning gold to its role as the