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Daily Dispatches
Sinclair explains why U.S. government will want a higher gold price
Submitted by cpowell on Mon, 2002-12-23 03:00 Section: Daily DispatchesGold hedge fever
Hedging gold price risk may allow a producer
to make greater profits, and may depress the
price of gold in the process. Is that any
reason to sue?
By Martin Murenbeeld
National Post, Canada
Friday, December 20, 2002
a href=http://www.nationalpost.com/financialpost/story.html?id=http://www.natio...
7FFA-4454-9D37-89EB65881EFD
Morgan e-mails citing ''disguised loans'' are admitted as evidence
Submitted by cpowell on Mon, 2002-12-23 03:00 Section: Daily Dispatches3:13p ET Monday, December 23, 2002
Dear Friend of GATA and Gold:
Our friend James Sinclair, chairman of Tan Range
Exploration, has written an important new essay
explaining how a higher gold price is likely to become
United States government policy for rescuing the
dollar. You can find it here:
a href=http://www.tanrange.com/s/ChairmansCorner.asp?ReportID=45898http://www.t...
Fates of gold, silver, and the dollar are sealed, analyst says
Submitted by cpowell on Mon, 2002-12-23 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rc/021223/financial_jpmorgan_trial_1.htmlhttp://biz...
NEW YORK, Dec. 23 (Reuters) -- A group of insurers won a small
victory against J.P. Morgan Chase on Monday when a judge ruled
that internal e-mails written by a senior member of the bank's
staff referring to quot;disguised loansquot; could be used as evidence
Blanchard lawsuit''s critics couldn''t care less about the truth
Submitted by cpowell on Fri, 2002-12-20 03:00 Section: Daily Dispatches7:41p ET Thursday, December 19, 2002
Dear Friend of GATA and Gold:
Chris Temple, editor and publisher of The National
Investor (www.NationalInvestor.com), has some
great commentary on the gold price and the
Blanchard lawsuit against Barrick and Morgan,
posted at Kitco, here:
a href=http://www.kitco.com/ind/Temple/dec192002.htmlhttp://www.kitco.com/ind/T...
CHRIS POWELL, Secretary/Treasurer
These Wall Street houses were rigging everything EXCEPT gold, right?
Submitted by cpowell on Fri, 2002-12-20 03:00 Section: Daily Dispatches11:55p ET Thursday, December 19, 2002
Dear Friend of GATA and Gold:
Blanchard amp; Co.'s anti-trust lawsuit against
Barrick Gold and J.P. Morgan Chase is drawing
the usual sneers from the usual quarters.
Some of them were dispatched to you tonight,
particularly two items from the Toronto Globe
and Mail, Mathew Ingram's column and the news
story quoting MineWeb's Tim Wood and Martin
Murenbeeld of M. Murenbeeld amp; Associates Inc.
Greenspan hints at how gold will return, unopposed by the central banks
Submitted by cpowell on Fri, 2002-12-20 03:00 Section: Daily DispatchesBillion-dollar Wall Street settlement imminent;
Executives are likely to escape prosecution
By Luisa Beltran
CBS.MarketWatch.com
7:48p ET Dec. 19, 2002
a href=http://cbs.marketwatch.com/news/story.asp?guid=http://cbs.marketwatch.co...
AD27-96556D3405F0amp;siteid=mktw
NEW YORK -- A landmark billion-dollar
settlement of Wall Street's research scandals
Despite its great run, gold still has an image problem
Submitted by cpowell on Fri, 2002-12-20 03:00 Section: Daily DispatchesBy James Sinclair, Chairman
Tan Range Exploration Corp.
Friday, December 20, 2002
I have learned to recognize that when a Federal Reserve chairman
discusses subjects, it is wise to take seriously not only what is
said but also that it is said. It was this approach that gave me the
cue in 1980 that Chairman Paul Volker was going to take the anti-
inflationary stance he did.It was this understanding that gave me the
Economist Murenbeeld defends Barrick''s hedging program
Submitted by cpowell on Fri, 2002-12-20 03:00 Section: Daily DispatchesHot, but still not respectable;
Gold's image problem
By Steve Maich
Financial Post (National Post), Canada
smaich@nationalpost.com
Friday, December 20, 2002
a href=http://www.nationalpost.com/search/site/story.asp?id=9B7B57CE-37AE-http:...
49F9-ACD2-19CD922492AA
Gold may be having a great run of late but it
still has a serious image problem.
Morgan e-mails tell of ''disguised loans'' but may be excluded as evidence
Submitted by cpowell on Thu, 2002-12-19 03:00 Section: Daily DispatchesTOCOM gold at 5 1/2-year high in panic buying
TOKYO, Dec. 19 (Reuters) -- Tokyo gold
futures ended a frantic morning session at
5 1/2-year highs on Thursday as roiling war
clouds over Iraq triggered a storm of stop-
loss buying.
All yen-based gold contracts except the new
December 2003 benchmark finished limit-up at
lifetime highs. Turnover was a staggering
144,782 lots or 144.8 tonnes in the morning,
An ode to gold at $350, or why it may be too late for Morgan Chase
Submitted by cpowell on Thu, 2002-12-19 03:00 Section: Daily Dispatches12:17a ET Thursday, December 19, 2002
Dear Friend of GATA and Gold:
The Bloomberg story below about the lawsuit filed against
Morgan Chase by its insurers may remind you of the
great courtroom movie quot;The Verdict,quot; in which only one
witness tells the truth and yet her testimony is stricken
from the record on a technicality. But, as in that movie,
sometimes the truth comes out anyway, and there is justice.