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Financial Times notes uncertainty over new central bank gold sales agreement
Submitted by cpowell on Wed, 2004-09-22 03:00 Section: Daily DispatchesThe Setup?
By Ted Butler
Monday, September 20, 2004
www.InvestmentRarities.com
The market structure, as defined by the Commitment
of Traders Report (COT) for futures positions on the
COMEX, improved dramatically for silver over the past
two reporting weeks. It is rare to get a bullish surprise
in this report, but the amount of technical fund selling
and dealer buying was outstanding. In fact, the current
Blanchard seeks damages from Barrick Gold and Morgan Chase for all gold traders
Submitted by cpowell on Wed, 2004-09-22 03:00 Section: Daily DispatchesEuropeans wait nervously for the golden revolution
By Kevin Morrison
Financial Times
Tuesday, September 22, 2004
http://news.ft.com/cms/s/48d063cc-0c34-11d9-8318-00000e2511c8.html
It is six months since European central banks
announced they were renewing the gold-selling
pact that has helped stabilise prices over the
Second Blanchard suit against Barrick, Morgan seeks damages for all gold owners
Submitted by cpowell on Mon, 2004-09-20 03:00 Section: Daily Dispatches4:54p ET Saturday, September 17, 2004
Dear Friend of GATA and Gold:
Jim Puplava, proprietor of FinancialSense.com, has
turned his weekly Internet radio roundtable program
over to a discussion of manpulation of the gold market.
His guests are Sprott Asset Management President
John Embry; James Turk, editor of The Free Market
Gold & Money Report and proprietor of GoldMoney.com;
and GATA Chairman Bill Murphy. You can listen to
Ted Butler: This looks like the setup for a rally in silver
Submitted by cpowell on Mon, 2004-09-20 03:00 Section: Daily Dispatches7:50p ET Monday, September 20, 2004
Dear Friend of GATA and Gold:
Blanchard & Co., the New Orleans coin and bullion
dealer, says it file tomorrow another anti-trust
lawsuit against Barrick Gold and J.P. Morgan Chase
over their alleged manipulation of the gold market.
The new lawsuit will be a federal class action that
intends to build on the first Blanchard suit so that
all gold investors in the United States since 1998
Jim Puplava interviews Embry, Turk, and Murphy on gold market manipulation
Submitted by cpowell on Sat, 2004-09-18 03:00 Section: Daily Dispatches"Conspiracies rarely exist, and when they do, they are far
more often than not exposed."
-- Dennis Gartman in The Gartman Letter, Tuesday,
September 14, 2004
* * *
24 hours later, another fantastic rarity burst into
view. But of course the authorities always catch them
all. ...
* * *
Infineon to Plead Guilty
in Memory Chip Case
By Peter Kaplan and Daniel Sorid
Reuters
Ted Butler: A long-term investment better than the best stock or land
Submitted by cpowell on Thu, 2004-09-16 03:00 Section: Daily DispatchesOn Gold Bugs and Net Shorts
By Dennis Gartman
The Gartman Letter
Tuesday, September 14, 2004
www.TheGartmanLetter.com
The gold bugs are a strange lot, really.
They see conspiracies everywhere and at all times.
If the government is not conspiring against the public,
then business is conspiring against the government,
or business AND the government are conspiring
against the public, and, if not that, then all three
Producers hasten hedge reductions, so where is all the new gold coming from?
Submitted by cpowell on Thu, 2004-09-16 03:00 Section: Daily DispatchesBy Theodore Butler
Wednesday, September 15, 2004
www.InvestmentRarities.com
The market structure, as defined this week by the
COTs, continues to explain the short-term movements
in gold and silver. As usual, the recent decline in
prices has been caused by technical hedge fund
liquidation. This should be obvious to everyone,
including the silver miners. The 80-cent selloff in
silver was telegraphed and orchestrated by the
Metal Bulletin features GATA chairman and some of his anonymous critics
Submitted by cpowell on Thu, 2004-09-16 03:00 Section: Daily Dispatches.... It's multiple choice:
A) The Gartman Letter.
B) Tim Wood.
C) Central banks and bullion banks working
furiously together to keep the gold price
down.
* * *
Producer De-Hedging Accelerates in 2004
Business Day, South Africa
Thursday, September 16, 2004
http://www.bday.co.za/bday/content/direct/1,3523,1705567-6078-
Really, why does the Justice Department even need an Anti-Trust Division?
Submitted by cpowell on Thu, 2004-09-16 03:00 Section: Daily DispatchesBuried Treasure
By Josephine Mason
Metal Bulletin
www.MetalBulletin.com
September 12, 2004
Bill Murphy is fired up. He's been fired up for a
good five years now -- ever since he claims to have
unearthed evidence that the price of gold was being
suppressed by a gold "cartel," operated by global
financial institutions, including the U.S. Federal
Reserve and the International Monetary Fund.
The Gartman Letter sneers at GATA, and a reply
Submitted by cpowell on Wed, 2004-09-15 03:00 Section: Daily DispatchesBy Hugo Salinas Price
For The Daily Reckoning
Tuesday, September 14, 2004
http://www.dailyreckoning.com/
The last Mexican economic debacle of 1994-1995 prompted
my search for monetary stability.
Intuitively, I first thought of gold, but I reached the
conclusion that the enmity of the United States and of
the IMF toward the monetization of gold would make that