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Daily Dispatches
Get Morgan Chase out of mine management; and another insight from Ted Butler
Submitted by cpowell on Sat, 2004-03-20 03:00 Section: Daily Dispatches11:45a ET Saturday, March 20, 2004
Dear Friend of GATA and Gold:
A news flash that Osama bin Laden's deputy in the
terrorist organization al Qaeda was surrounded in a
battle in Pakistan was used to stall the rally in the
gold price Thursday. Today, with most markets
closed, the news has changed. As Reuters reorts in
the story appended here, whoever is surrounded in
Pakistan is someone else.
James Turk''s analysis: Gold is breaking out of flag pattern
Submitted by cpowell on Sat, 2004-03-20 03:00 Section: Daily Dispatches12:15p ET Saturday, March 20, 2004
Dear Friend of GATA and Gold:
Prompted by Ted Butler's appeal to silver mining company
shareholders to urge company managements to start holding
cash balances in silver, thereby tightening the physical
market and countering the market-manipulating short
sellers, GATA's friend Gus writes:
* * *
quot;I would add one item to Ted Butler's list of things that
What is Japan up to with the dollar and gold?
Submitted by cpowell on Sat, 2004-03-20 03:00 Section: Daily Dispatches12:48p ET Saturday, March 20, 2004
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of The Freemarket
Gold amp; Money Report and proprietor of GoldMoney.com,
has published today some technical analysis headlined
quot;Gold Rises Five Days in a Row.quot;
Turk observes: quot;Gold appears to be breaking out of the flag
pattern that has formed over the last two months. Note that
Statistics lie on the true cost of living: Robert Kuttner
Submitted by cpowell on Sat, 2004-03-20 03:00 Section: Daily Dispatches1:19p ET Saturday, March 20, 2004
Dear Friend of GATA and Gold:
As always there are some great commentaries posted
at Gold-Eagle today but these two may be worth
special attention:
quot;Japan's Abrupt About-Facequot; by GATA consultant
James Turk:
a href=http://www.gold-eagle.com/editorials_04/turk032004.htmlhttp://www.gold-e...
And quot;The Message Behind the Japanese Central Bank's
Sinclair raises selling targets in gold-trading strategy
Submitted by cpowell on Sat, 2004-03-20 03:00 Section: Daily DispatchesStatistics Lie On The True Cost Of Living
By Robert Kuttner
The Boston Globe
Thursday, March 18, 2004
a href=http://www.boston.com/news/globe/editorial_opinion/oped/articles/2004/ht...
03/1
7/statistics_lie_on_the_true_cost_of_living/
What is the matter with the whiny American voters?
They keep telling pollsters that they think America is
Barrick updates golden parachutes for top officers
Submitted by cpowell on Fri, 2004-03-19 03:00 Section: Daily DispatchesGold Market Summary for Thursday, March 18, 2004
By Jim Sinclair
a href=http://www.jsmineset.com/http://www.jsmineset.com//a
The formula for the explosion of gold in 1979 was a weak
dollar plus inflation in the midst of a recession. At the
moment, the Cartel is covering their short positions in
gold in expectation of higher prices.
I still expect the move in gold to be a chop out rather than
Sinclair: Weak dollar + inflation + soft business conditions = ballistic gold
Submitted by cpowell on Thu, 2004-03-18 03:00 Section: Daily Dispatches10:05p ET Wednesday, March 17, 2004
Dear Friend of GATA and Gold:
Please ignore the previous dispatch, quot;Email
account disabling warning,quot; another malfunction
at Yahoo!Groups.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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Please ignore the previous dispatch
Submitted by cpowell on Wed, 2004-03-17 03:00 Section: Daily Dispatches10:11p ET Tuesday, March 16, 2004
Dear Friend of GATA and Gold:
There's a great story at MineWeb tonight by
Stewart Bailey about enormous institutional
investor interest in Durban Roodeport Deep.
You can find it here:
a href=http://trinity.mips1.net/MGGold.nsf/UNID/SBAY-5X5M56?OpenDocumenthttp://...
Or try this abbreviated link:
Market rigging eases, dollar under 108 yen; dollar oil price tops in 13 years
Submitted by cpowell on Wed, 2004-03-17 03:00 Section: Daily Dispatches5:25p ET Wednesday, March 17, 2004
Dear Friend of GATA and Gold:
Please ignore the previous dispatch, quot;Notify
about your e-mail account utilization,quot;
another malfunction at Yahoo!Groups.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
----------------------------------------------------
To subscribe to GATA's dispatches, send an e-mail to:
Please ignore the previous dispatch
Submitted by cpowell on Wed, 2004-03-17 03:00 Section: Daily DispatchesDollar Falls Below 107.79 Yen, Near 1-Month Low
a href=http://www.reuters.com/newsArticle.jhtml?type=topNewsamp;storyID=4592220...
TOKYO, March 18 (Reuters) -- The dollar fell below 107.79
yen on Thursday on growing speculation that Japan may be
easing its aggressive intervention policy. The U.S. currency
fell to around 107.75 yen, a level not seen since Feb. 20.