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Daily Dispatches
The Gods of the Copybook Headings with terror and slaughter return
Submitted by cpowell on Thu, 2002-12-12 03:00 Section: Daily Dispatches8:58p ET Wednesday, December 11,2002
Dear Friend of GATA and Gold:
A few random items tonight.
First, consider this Bloomberg news story
today about the value of the dollar:
quot;LONDON, Dec. 11 (Bloomberg) -- The dollar
fell against the yen on expectations a report
tomorrow will show the U.S. current-account
deficit widened to a record. The current-
account deficit, which includes trade and
Thom Calandra warns that it''s ''red-alert time''
Submitted by cpowell on Thu, 2002-12-12 03:00 Section: Daily Dispatches4p ET Thursday, December 12, 2002
Dear Friend of GATA and Gold:
Gold climbed a big stair to $331 or so at noon in New
York today and then flatlined for the afternoon, as if
the price-setting powers had dug a new trench in
their retreat. Those who disbelieve manipulation of
the gold price should take a look at today's chart
and explain the calm equilibrium that developed as
suddenly as if someone had thrown a switch.
Exactly how would the U.S. let the dollar weaken?
Submitted by cpowell on Wed, 2002-12-11 03:00 Section: Daily Dispatches1:40p ET Sunday, December 8, 2002
Dear Friend of GATA and Gold:
In an essay at Jim Puplava's wonderful Internet site,
www.financialsense.com, our friend James Sinclair, CEO
of Tan Range Exploration and renowned gold market
expert, predicts that a big move up in gold is coming
next week:
a href=http://www.financialsense.com/metals/sinclair/editorials/2002/1207.htmht...
Sinclair says next week belongs to gold
Submitted by cpowell on Sun, 2002-12-08 03:00 Section: Daily Dispatches3:30p ET Friday, December 6, 2002
Dear Friend of GATA and Gold:
You may want to check CBSMarketWatch Editor
Thom Calandra's latest commentary about gold,
which quotes GATA consultant James Turk of
GoldMoney.com. You can find it here:
a href=http://cbs.marketwatch.com/news/story.asp?guid=%7B2DD1E4EB%2D0E18%http:/...
2D4A10%2D99E1%2DCCC773343B81%7Damp;siteid=mktw
U.S. treasury secretary resigns
Submitted by cpowell on Fri, 2002-12-06 03:00 Section: Daily DispatchesBy BILL MURPHY, Chairman
Gold Anti-Trust Action Committee Inc.
Thursday, December 5, 2002
This morning I received a phone call from a London-based
gold producer CEO. Few come more highly regarded than
this gold pro. I had not spoken to him for many months, so
the call was a pleasant surprise.
He told me he had read the new report by GATA's Reg Howe
and Mike Bolser (quot;Gold Derivatives: Moving toward
New commentary on gold by CBSMarketWatch''s Calandra
Submitted by cpowell on Fri, 2002-12-06 03:00 Section: Daily DispatchesWASHINGTON, Dec. 6 (AP) -- Paul O'Neill, whose
outspokenness won him praise as a captain of industry but
often landed him in hot water as President Bush's treasury
secretary, announced his resignation Friday.
Sworn in Jan. 20, 2001, O'Neill is expected to leave office
within the next few weeks. During his time as treasury
secretary, O'Neill's blunt-speaking style served as a lightning
rod for detractors and sometimes could even make his
Howe/Bolser report stuns gold investment world
Submitted by cpowell on Thu, 2002-12-05 03:00 Section: Daily Dispatches11p ET Wednesday, December 4, 2002
Dear Friend of GATA and Gold:
Using data from the Bank for International
Settlements and brilliant charting by GATA
consultant Mike Bolser, our friend and hero
Reg Howe has issued a study concluding that
the central bank short position in gold is
far larger than acknowledged or widely
estimated.
While Reg's study is terribly understated and
doesn't draw the angry conclusions some of us
Morgan Chase admits that gas deals with Enron were just accounting gimmicks
Submitted by cpowell on Wed, 2002-12-04 03:00 Section: Daily Dispatches11:15p ET Tuesday, December 3, 2002
Dear Friend of GATA and Gold:
GATA's impressario in Germany, Dietmar Seibholz,
has translated into German the October 29 study
by GATA consultant Andrew Hepburn that compiled
official evidence of U.S. government intervention
against the gold price. The English version of
the Hepburn study has been posted here:
a href=http://www.gata.org/On%20The%20Record.htmlhttp://www.gata.org/On%20The%2...
BIS data suggests a much bigger central bank gold short position
Submitted by cpowell on Wed, 2002-12-04 03:00 Section: Daily Dispatches10:27a ET Wednesday, December 4, 2002
Dear Friend of GATA and Gold:
It's hard to read the following Reuters account of the
Morgan Chase insurance fraud trial as anything less
than a confession of deceptive and manipulative
practices on a grand scale. Could such practices be
entirely absent from Morgan Chase's huge gold
derivatives position?
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Hepburn study translated into German; Placer Dome wants to reduce hedging
Submitted by cpowell on Tue, 2002-12-03 03:00 Section: Daily Dispatches8:46p ET Monday, December 2, 2002
Dear Friend of GATA and Gold:
GATA consultant Bob Landis is cited approvinging
at MineWeb tonight in an exchange about Barrick
Gold and its hedging practices. We already have
sent you a link to Bob's latest analysis of Barrick,
but you can find the MineWeb treatment of it
here:
a href=http://m1.mny.co.za/mgsfc.nsf/Current/85256C830026895442256C83003BECF7ht...
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