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Daily Dispatches
GATA Chairman Murphy spreads Morgan horror story via CBSMarketWatch
Submitted by cpowell on Wed, 2002-09-18 03:00 Section: Daily Dispatches10:57p ET Tuesday, September 17, 2002
Dear Friend of GATA and Gold:
Congratulations to GATA's friends GoldMoney.com
and Kitco.com on their partnership announced
today in the press release appended here.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Kitco and GoldMoney Establish Arrangement
for Online Gold Transactions Giving Consumers
the Means to Buy and Sell Gold Online
CMRE''s fall dinner in New York examines topics important to GATA
Submitted by cpowell on Wed, 2002-09-18 03:00 Section: Daily DispatchesNew Monsters Inc. on Wall Street:
Credit risk, derivatives in J.P. Morgan horror tale
By Thom Calandra, Editor
CBS.MarketWatch.com
Wednesday, Sept. 18, 2002
It's fitting the nation's second biggest bank chose the DVD
debut for the film quot;Monsters Inc.quot; to unveil its own monster
mash.
J.P. Morgan Chase gets other monikers, half a day after it
pointed to poor prospects for its cartoonish portfolio of loans,
Go, Army, beat Morgan! We''ve got the bad guys on the run
Submitted by cpowell on Wed, 2002-09-18 03:00 Section: Daily Dispatches3:31p ET Wednesday, September 18, 2002
Dear Friend of GATA and Gold:
Our friends at the Committee for Monetary Research
and Education Inc., a hard-money-oriented group,
are planning their fall dinner meeting in New York
for either Wednesday, November 6, or Wednesday,
November 20. It is always an interesting time and a
great dinner. While they work out the date, you may
want to contemplate the program, so excerpts from
Newmont plans to close Normandy hedge; and what a well-timed announcement
Submitted by cpowell on Tue, 2002-09-17 03:00 Section: Daily Dispatches12:54a ET Monday, September 9, 2002
Dear Friend of GATA and Gold:
Today's issue of Barron's has a long and
wonderful interview with GATA consultant
James Turk that comes closer than anything
yet to busting through the wall of silence
erected around gold by the mainstream
financial press in the United States.
The text of the Barron's interview is
appended here.
Note particularly Turk's reference to the
Barrick says it is reducing hedges too
Submitted by cpowell on Tue, 2002-09-17 03:00 Section: Daily Dispatches9:13a ET Tuesday, September 17, 2002
Dear Friend of GATA and Gold:
Here's news we had been disappointed not to
see earlier: Newmont Mining plans to close
its Normandy hedge position by February. And
how interesting that Newmont should announce
this just as an easing of war fears should
knock the gold price down overnight. Could
this timing be a counterblow by Newmont in
support of gold against its enemies? We'd
Newmont hedge reduction story corrected
Submitted by cpowell on Tue, 2002-09-17 03:00 Section: Daily Dispatches9:40a ET Tuesday, September 17, 2002
Dear Friend of GATA and Gold:
And now even Barrick is getting into the
hedge-closing act on a good day for
announcing it.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Barrick Gold sets bold growth plan
Canadian miner aims to double profit,
curb hedge position
By Bill Clifford
CBS.MarketWatch.com
Tuesday, Sept. 17, 2002
Win a pot of gold at Calgary conference while helping GATA
Submitted by cpowell on Tue, 2002-09-17 03:00 Section: Daily Dispatches12:39p ET Tuesday, September 17, 2002
Dear Friend of GATA and Gold:
Reuters has just corrected its dispatch that asserted
that Newmont Mining Corp. planned to close its gold
hedges by February. Turns out that the hedge closing
involved is much less than that. The corrective dispatch,
appended here, isn't terribly clear, but there probably
will be more on this later today.
CHRIS POWELL, Secretary/Treasurer
Kitco and GoldMoney announce partnership to hasten online gold purchases
Submitted by cpowell on Tue, 2002-09-17 03:00 Section: Daily Dispatches10:42p ET Tuesday, September 17, 2002
Dear Friend of GATA and Gold:
Here's a fun press release about next month's
Calgary Investment Conference, where GATA
Chairman Bill Murphy will be among the
speakers.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
POT OF GOLD AWAITS WINNER
OF CONTEST AT CALGARY CONFERENCE;
GATA CHAIRMAN IS SPEAKER
A million Canadian dollars is the value of
Barron''s interviews James Turk about gold and mentions ESF
Submitted by cpowell on Mon, 2002-09-09 03:00 Section: Daily Dispatches10:58p ET Sunday, September 8, 2002
Dear Friend of GATA and Gold:
The BBC reports (see below) that the Japanese
government is planning to intervene openly
in the country's stock market to prop up prices.
Before Americans snicker too much at this,
remember that open intervention by the
government is at least more honest that the
surreptitious government intervention in the
markets that occurs in the United States, which,
Three urgent new commentaries at www.GoldenSextant.com
Submitted by cpowell on Sun, 2002-09-08 03:00 Section: Daily Dispatches8p ET Friday, September 6, 2002
Dear Friend of GATA and Gold:
We made big gains on the publicity front in
Europe this week.
Thanks to two years' worth of beseeching by
our friend Tom Cappuyns, a major newspaper in
Belgium, De Financieel-Economische Tijd -- the
Belgian Financial Times -- published on Thursday
a big report on gold and GATA that concluded
that the gold market is indeed being manipulated.
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