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Daily Dispatches
Major miners return to exploring as acquisitions become expensive
Submitted by cpowell on Sun, 2004-04-18 03:00 Section: Daily Dispatches2:54p ET Sunday, April 18, 2004
Dear Friend of GATA and Gold:
The bulk of the latest issue of Jay Taylor's Gold
& Technology Stocks newsletter has just been
posted at Gold-Eagle and is urgent reading for its
commentary on the Rothschild firm's withdrawal
from the gold market -- as in the gold LENDING
market. You can find Taylor's commentary here:
Special Sunday ''Midas'' at LeMetropole Cafe posted in clear at GoldSeek
Submitted by cpowell on Sun, 2004-04-18 03:00 Section: Daily DispatchesBy Matt Chambers
Bloomberg News Service
Sunday, April 18, 2004
http://quote.bloomberg.com/apps/news?
pid=10000082&sid=au.fCcA14kbs&refer=canada
MELBOURNE, Australia -- Newmont Mining Corp., the world's
biggest gold miner, and its competitors spent $27 billion on
acquisitions in the past six years. Now they're turning to
exploration after soaring share prices made potential targets
Back up the truck for gold and silver now
Submitted by cpowell on Fri, 2004-04-16 03:00 Section: Daily Dispatches10:38p ET Thursday, April 15, 2004
Dear Friend of GATA and Gold:
Once again Michael Kosares, proprietor of Centennial
Precious Metals in Denver and its essential Internet
site, www.USAGold.com, has casually tossed off the
most timely and insightful commentary -- this time
about the withdrawal of the Rothschild firm from the
London gold market. Kosares writes:
"People talk about paradigm shifts all the time and
Bundesbank president quits on eve of new disclosure about gifts
Submitted by cpowell on Fri, 2004-04-16 03:00 Section: Daily Dispatches11a ET Friday, April 16, 2004
Dear Friend of GATA and Gold:
GoldMoney founder James Turk has turned his "Founder's
Commentary" spot over to market analyst and writer Doug
Casey for a new essay titled "Six Reasons to Back Up
the Truck for Gold and Silver Now." You can find it in
the "Founder's Commentary" box at the top left of the
GoldMoney home page here:
Financial Times editorial prays for the demise of gold ...
Submitted by cpowell on Fri, 2004-04-16 03:00 Section: Daily DispatchesBy David Crossland
Reuters
Friday, April 16, 2004
http://www.reuters.com/newsArticle.jhtml;jsessionid=EKN45ND1V0O4YCRBAE
0CFFA?type=businessNews&storyID=4851941§ion=news
BERLIN -- Bundesbank President Ernst Welteke resigned
in a dispute with the government on Friday after two
weeks of intense pressure to quit for letting a top
Gold and silver had to be smashed before CPI number came out
Submitted by cpowell on Thu, 2004-04-15 03:00 Section: Daily Dispatches8:48p ET Wednesday, April 14, 2004
Dear Friend of GATA and Gold:
Sprott Asset Management President and Chief Investment
Strategist John Embry, perhaps the investment world's
most eloquent advocate of precious metals, will appear
on Canada's Report on Business Television's "Market Call"
program with Jim O'Connell at 12:20p ET Thursday. While
the program can be seen live only by those with cable TV
Even Bank of France now allows speculation that it might sell a little gold
Submitted by cpowell on Thu, 2004-04-15 03:00 Section: Daily Dispatches10:03p Wednesday, April 14, 2004
Dear Friend of GATA and Gold:
Here are excerpts from some of today's important commentaries
about the volatility in gold and silver.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
The Price of Gold Bottoms
By Jim Sinclair
http://www.jsmineset.com/home.asp
Here is the back-of-the-envelope version of today's events,
Strike a blow by exploiting bargain prices for real metal
Submitted by cpowell on Thu, 2004-04-15 03:00 Section: Daily DispatchesAnother sign that the central banks must be
REALLY worried about the vulnerability of
the shorts....
* * *
Gold glisters a little less brightly
for France's new finance minister
By Jo Johnson in Paris
and Kevin Morrison in London
Financial Times
Thursday, April 15, 2004
http://news.ft.com/servlet/ContentServer?
pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1079420357382&p=101257
David Bond: Silver won''t stay down long, because there isn''t any
Submitted by cpowell on Thu, 2004-04-15 03:00 Section: Daily Dispatches10:03p Wednesday, April 14, 2004
Dear Friend of GATA and Gold:
Whenever the bad guys smash the price of promises
to sell gold and silver, you can strike a blow by
buying some of the real stuff and supporting the
physical market that is going to put them in their
place.
Appended is an announcement received today by one
of GATA's best supporters among coin and bullion
dealers, Swiss America Trading Corp. So appended
GATA supporters in Europe form Konstanzer Kreis
Submitted by cpowell on Thu, 2004-04-15 03:00 Section: Daily Dispatches5:31p ET Thursday, April 15, 2004
Dear Friend of GATA and Gold:
David Bond's latest Wallace Street Journal report
is titled "Sleepless at the Gas Pumps" and it
predicts that silver won't stay down long, because
there isn't any left. It also quotes GATA Chairman
Bill Murphy. You can find it here: