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Daily Dispatches
When central banks say gold sales, they may mean just forgiving gold loans
Submitted by cpowell on Sat, 2003-12-06 03:00 Section: Daily Dispatches2a ET Saturday, December 6, 2003
Dear Friend of GATA and Gold:
Doug Casey, editor of International Speculator, has a
brief but excellent column at WorldNetDaily making
the case for gold investments. You can find it here:
a href=http://www.wnd.com/news/article.asp?ARTICLE_ID=35952http://www.wnd.com/n...
And Chris Temple of National Investor analyzes what's
Alas, poor Barrick. Hedges can''t survive gold''s rise
Submitted by cpowell on Thu, 2003-12-04 03:00 Section: Daily Dispatches9:45p ET Tuesday, December 2, 2003
Dear Friend of GATA and Gold:
MineWeb's Tim Wood has commentary tonight on
Barrick's reversal of its policy on hedging, and he
doesn't like the company's having made itself look
ridiculous. You can find Wood's commentary on
Barrick here:
a href=http://www.mips1.net/MGGold.nsf/UNID/TWOD-5TURQS?OpenDocumenthttp://www....
Check out these items from MineWeb, Sinclair, Gold-Eagle, and Kitco
Submitted by cpowell on Thu, 2003-12-04 03:00 Section: Daily DispatchesAlas, poor Barrick. Hedges can't survive gold's rise
ByEric Reguly
Globe amp; Mail, Toronto
Thursday, December 4, 2003
a href=http://www.globeandmail.com/servlet/ArticleNews/TPStory/LAC/20031204/Rht...
REGU04/TPBusiness/TopStories
Barrick Gold chairman Peter Munk in 2000 on hedging:
quot;It's not only rock-solid, it's an absolutely primitive
Sinclair predicts repeated explosions in gold within days
Submitted by cpowell on Tue, 2003-12-02 03:00 Section: Daily DispatchesThe Search for Mining's Big Gainers
By Thom Calandra
CBSMarketWatch.com
Monday, December 1, 2003
With spot gold trading above $400 an ounce Monday for
the first time in more half a decade and copper's price
rebounding smartly, investors both professional and
individual are wishing they owned more commodity-linked
companies. ...
For the full story:
a href=http://cbs.marketwatch.com/news/story.asp?guid=http://cbs.marketwatch.co...
World Gold Council''s bullion fund to start in London next week
Submitted by cpowell on Tue, 2003-12-02 03:00 Section: Daily Dispatches12:03a ET Tuesday, December 2, 2003
Dear Friend of GATA and Gold:
Tan Range CEO and gold trader extraordinaire Jim
Sinclair has more bold assertions tonight:
* The short position in gold is unprecedented and
losing massive amounts of money.
* International financial market developments are
combining to boost the gold price.
* Proprietary indicators for the gold market signal
repeated bolts of higher prices, starting within days.
Barrick adopts no-hedging policy, says it aims to close its hedge book
Submitted by cpowell on Tue, 2003-12-02 03:00 Section: Daily Dispatches8:26a ET Tuesday, December 2, 2003
Dear Friend of GATA and Gold:
MineWeb reports that the World Gold Council will list
its gold bullion fund on the London exchange next
Tuesday even as regulatory obstacles prevent its
listing in New York. You can find MineWeb's story
here:
a href=http://www.mips1.net/MGGold.nsf/UNID/TWOD-5TUFYR?OpenDocumenthttp://www....
MineWeb: Barrick looks ridiculous; and there''s no gold behind TRAKRS
Submitted by cpowell on Tue, 2003-12-02 03:00 Section: Daily DispatchesBy Nicole Mordant
VANCOUVER, British Columbia, Dec. 2 (Reuters) -- Barrick
Gold Corp., whose name has become synonymous with selling
gold on forward markets, said on Tuesday it had formally
committed itself to drop hedging as a strategy, sending
bullion prices to a fresh 7-1/2 high.
In an interview with Reuters, Barrick chief executive Greg
Wilkins said the world's third biggest gold miner would, over
Gold and silver close at highest points in years; metals shares ''on fire''
Submitted by cpowell on Mon, 2003-12-01 03:00 Section: Daily Dispatches1:04a ET Saturday, November 29, 2003
Dear Friend of GATA and Gold:
CBSMarketWatch interviews its editor, Thom Calandra,
on the San Francisco precious metals conference,
Ivanhoe Mines, Bema Gold, and gold's prospects for
breaking $400 and $500. Quoted are Gold Mining
Stock Report editor Bob Bishop and GoldMoney
proprietor and Freemarket Gold amp; Money Report
editor (and GATA consultant) James Turk. You can
Gold council said to plan interest-bearing gold accounts in Middle East
Submitted by cpowell on Mon, 2003-12-01 03:00 Section: Daily Dispatchesa href=http://www.reuters.com/newsArticle.jhtml?type=topNewsamp;storyID=3918977...
NEW YORK, Dec. 1 (Reuters) -- COMEX gold closed north of
$400 an ounce for the first time in almost eight years Monday,
as New York uncorked four days of pent-up demand and the
sliding dollar made the safe-haven metal more affordable
Investors looking for bigger share of commodity-linked companies
Submitted by cpowell on Mon, 2003-12-01 03:00 Section: Daily Dispatches4:57p ET Monday, December 1, 2003
Dear Friend of GATA and Gold:
While the World Gold Council undertaking reported in
the Gulf News story below may be little more than a
cover for more gold leasing, it still may be encouraging
for reflecting recognition that gold is now the quot;most
sought-after asset class.quot; Just make sure that your
gold is really where you think it is and that it's