You are here
Daily Dispatches
Don''t be fooled by manipulation of gold futures, analyst says
Submitted by cpowell on Tue, 2003-07-01 03:00 Section: Daily Dispatches5:26p ET Monday, June 30, 2003
Dear Friend of GATA and Gold:
The long headline on this CBSMarketWatch story might as
well have added: quot;And gold bugs STILL don't realize that
they are going to win.quot;
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Gold futures end Q2 with a $10 gain;
metals indexes log gain of at least 18 percent; silver climbs
Updated link to Rick Ackerman commentary
Submitted by cpowell on Tue, 2003-07-01 03:00 Section: Daily Dispatches9:12a Tuesday, July 1, 2003
Dear Friend of GATA and Gold:
The most enthusiastic endorsement of gold's future
has just been issued by Rick Ackerman of Black Box
Forecasts, whose commentary has been published
widely in newspapers in San Francisco. An excerpt:
quot;I will not elaborate here on why money is no longer
money, but rather a form of debt. But suffice it to
say, the implications of a fundamentally valueless
Barrick''s huge hedge position won''t be cost-free forever
Submitted by cpowell on Tue, 2003-07-01 03:00 Section: Daily Dispatches12:19p ET Tuesday, July 1, 2003
Dear Friend of GATA and Gold:
The Rick Ackerman commentary cited in GATA's previous
dispatch has been moved into the archive at his Internet
site. Now you can find it here:
a href=http://www.marketwise.com/MW_WiseG/BBF_Archive/20030630.htmhttp://www.ma...
CHRIS POWELL, Secretary/Treasurer
You don''t have to take the long view -- how about just the quarterly view?
Submitted by cpowell on Mon, 2003-06-30 03:00 Section: Daily DispatchesNewmont announces 83% acceptance
of Yandal bond tender offer
(Newmont press release)
a href=http://biz.yahoo.com/prnews/030627/laf023b_1.htmlhttp://biz.yahoo.com/pr...
DENVER, June 27 -- Newmont Mining Corp. today announced
that it has received tenders totaling $196.8 million
representing 83%) in response to its offer through its
subsidiary, Yandal Bond Company Limited (YBCL) to acquire
Fed is trying to manage gold price and the news as well, Embry tells Canada
Submitted by cpowell on Fri, 2003-06-27 03:00 Section: Daily Dispatches9:31p ET Thursday, June 26, 2003
Dear Friend of GATA and Gold:
These are tough days for gold and particularly for junior
mining companies, even those that have great properties
and prospects. So a new post at MineWeb is a delight:
the story of a junior mining company in South Africa
whose chief executive and chief financial officer have
just pledged their own shares in the company as
collateral for a company loan for an ore-processing
Newmont says it has take over 83 percent of Yandal''s bonds
Submitted by cpowell on Fri, 2003-06-27 03:00 Section: Daily Dispatches10:58p ET Thursday, June 26, 2003
Dear Friend of GATA and Gold:
Sprott Asset Management's new president, John Embry,
turned up again on ROB-TV in Canada on Tuesday
night, and GATA's Mark Webber not only hung on
every word but once again produced a transcript, which
is appended. It is encouraging on account of Embry's
telling a nationwide audience that the bashing of the
gold price this week was obviously an attempt to
Turk replies to Perth Mint: Exactly how was I ''misleading''?
Submitted by cpowell on Thu, 2003-06-26 03:00 Section: Daily Dispatches12:52p ET Sunday, June 22, 2003
Dear Friend of GATA and Gold:
Jay Taylor of J. Taylor's Gold and Technology Stocks
newsletter has new commentary at Gold-Eagle, wherein
he asks the musical question: quot;Is the Bernanke
High-Tech Money-Creation Machine Finally Working?quot;
(The music is Chopin's quot;Marche Funebre.quot;) There's
favorable mention of the work of GATA and its
consultant, Frank Veneroso. You can find the new
Gary North''s ''Gold Wars'' asks: Is America''s gold gone?
Submitted by cpowell on Thu, 2003-06-26 03:00 Section: Daily Dispatches12:40p ET Thursday, June 26, 2003
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold amp; Money Report,
has replied to the rebuttal from Richard Hayes of
Perth Mint that was dispatched to you June 21.
Turk's reply is appended.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
By James Turk
AfLease executives pledge their shares for company loan instead of hedging
Submitted by cpowell on Thu, 2003-06-26 03:00 Section: Daily Dispatches2:37p ET Thursday, June 26, 2003
Dear Friend of GATA and Gold:
Thanks to Gary North for his permission to share with
you Issue 5 of his series of essays, quot;The Gold Wars.quot;
Issue 5, appended here -- quot;Is America's Gold Gone?quot;
-- quotes GATA consultant James Turk and GATA
Chairman Bill Murphy.
Subscription to North's quot;Gold Warsquot; essays is free. Just
send an e-mail request to:
Jay Taylor''s new commentary cites work by GATA and Veneroso
Submitted by cpowell on Sun, 2003-06-22 03:00 Section: Daily DispatchesFreddie's Derivatives Get A Closer Look
By Dow Jones Business News
Friday, June 20, 2003
a href=http://biz.yahoo.com/djus/030620/0028000015_1.htmlhttp://biz.yahoo.com/d...
Freddie Mac's efforts to hedge the risks of its mortgage
assets and its own borrowings enlarged the total size of
its derivatives-trading positions to nearly $700 billion
at the end of September, a 46 percent jump from 2000,
Pages
