You are here
Daily Dispatches
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.
James Turk: The coming collapse of the dollar
Submitted by cpowell on Fri, 2005-03-18 03:00 Section: Daily DispatchesJP Morgan Chase Earnings
Grim This Year: BusinessWeek
From Reuters
Thursday, March 17, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh11030_2005-03-18_01-07-31_n17188921_newsml
NEW YORK -- J.P. Morgan Chase & Co.'s 2005 earnings will be "much
worse" than the $3.06 a share that Wall Street expects the No. 2
Federal Reserve bars Citigroup from acquisitions because of scandals
Submitted by cpowell on Fri, 2005-03-18 03:00 Section: Daily Dispatches11p ET Friday, March 18, 2005
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold & Money Report,
has written a brief essay about the trouble ahead
for the U.S. dollar. You can find it at the
newsletter of Asset Strategies International here:
www.assetstrategies.com/pages/il/current.html#insideStory
CHRIS POWELL, Secretary/Treasurer
Gold is best way to play commodities boom now, James Turk says
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Wednesday, March 16, 2005
The most recent Commitment of Traders Report indicated continued
deterioration, with increased tech fund and speculative buying and
dealer short selling in gold and silver. Extrapolating from the
Tuesday, March 9, cutoff date, I would estimate that the dealer net
short position in COMEX gold futures has grown by some 100,000
contracts from the lows as the price rallied by more than $35. In