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Daily Dispatches
An exchange about the commodities exchange
Submitted by cpowell on Sat, 2002-07-06 03:00 Section: Daily Dispatches11:18p ET Friday, July 5, 2002
Dear Friend of GATA and Gold:
Thanks to Marv Campbell of Rancho Santa Fe,
Calif., for alerting us to the column about
gold by columnist Don Bauder in the San Diego
Union-Tribune on May 29. As Marv writes,
quot;This could have been ghostwritten by GATA.quot;
Bauder's column is appended here.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold Stock Analyst''s Doody says government intervenes secretly to cap gold
Submitted by cpowell on Fri, 2002-07-05 03:00 Section: Daily DispatchesBy Gary Parkinson
London Telegraph
July 4, 2002
a href=http://money.telegraph.co.uk/money/main.jhtml?http://money.telegraph.co....
xml=/money/2002/07/03/cndye03.xmlamp;sSheet=/money
/2002/07/03/ixcity.html
Tony Dye, the fund manager dubbed quot;Doctor
Doomquot; for his pessimistic outlook on stock
markets during the technology boom, warned
yesterday of a quot;lurking time bombquot; of
House committee needs to hear from you in support of Paul''s gold legislation
Submitted by cpowell on Fri, 2002-07-05 03:00 Section: Daily DispatchesBy Thom Calandra, Editor
CBS.MarketWatch.com
Friday, July 5, 2002
Gold investors say they are more convinced than ever
their metal will resume its rally as others fall victim
to a stock-market crash later this year.
Yet believers in gold, which has rallied on the back of
Mideast and India-Pakistan turmoil and a relentless
stock market decline, say the rules have changed in
the past two weeks. Gold's spot price, once flirting with
More newspaper notice for the short position in gold: San Diego Union-Tribune
Submitted by cpowell on Fri, 2002-07-05 03:00 Section: Daily DispatchesBy Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
Friday, July 5, 2002
I spoke this week with Norman Singleton,
U.S. Rep. Ron Paul's legislative aide, about what the
GATA Army could do to assist the congressman
with his Monetary Reform and Accountability
Act. The bill simply requires the president and
Treasury secretary to get the approval of Congress
before intervening in the gold market.
Hedge fund manager warns of derivatives time bomb
Submitted by cpowell on Thu, 2002-07-04 03:00 Section: Daily Dispatches9:32p ET Wednesday, July 3, 2002
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy was interviewed today by
Jim Pupalava's quot;Financial Sense Newshour,quot; which, with
the right audio programming, you can hear over the
Internet here:
a href=http://www.financialsense.com/Experts/2002/Murphy_B.htmhttp://www.financ...
Scroll toward the bottom left of the page and click on
GATA Chairman Murphy interviewed on Financial Sense Newshour
Submitted by cpowell on Wed, 2002-07-03 03:00 Section: Daily Dispatches8:32p ET Friday, June 21, 2002
Dear Friend of GATA and Gold:
Royal Bank of Canada is dissociating itself from the
pro-gold and pro-GATA report, disclosed yesterday,
issued by the bank's investment house, RBC Global
Investment Management Inc.
Thom Calandra of CBSMarketWatch, whose column
about the report was sent to you by GATA today, has
updated the column with this paragraph based on an
London Telegraph picks up RBC gold price suppression report
Submitted by cpowell on Sun, 2002-06-30 03:00 Section: Daily Dispatches11:35a ET Sunday, June 30, 2002
Dear Friend of GATA and Gold:
The RBC Global Investment Management report
endorsing GATA's assertions of manipulation
of the gold market has crossed the Atlantic
from Toronto to London, where the Telegraph
newspaper has a story about it in Sunday's
edition.
The story's use of the word quot;retractionquot; is a
bit misleading, since RBC did not quot;retractquot;
Charts document intervention in gold and other markets
Submitted by cpowell on Sun, 2002-06-30 03:00 Section: Daily DispatchesNoon ET Sunday, June 30, 2002
Dear Friend of GATA and Gold:
For some great chart documentation of the suppression
of the gold price and intervention in other markets,
please check the wonderful work done by our friend Nick
Laird of Sharelynx Gold in Australia:
a href=http://www.voy.com/65437/2480.htmlhttp://www.voy.com/65437/2480.html/a
CHRIS POWELL, Secretary/Treasurer
Gold mutual funds thrive with tiny assets
Submitted by cpowell on Fri, 2002-06-28 03:00 Section: Daily DispatchesBy Thom Calandra, Editor
CBS.MarketWatch.com
Friday, June 28, 2002
Gold mutual funds compiled returns of as much as 32
percent and no less than 13 percent -- all in a
second-quarter stock market that dropped 15 percent.
Against a U.S. equity landscape devoid of profits,
precious metal funds dominated the top ranks of
second-quarter performers. If short-selling mutual funds
are set aside, the gold names made up nine of the top
What they did to gold today, and why
Submitted by cpowell on Fri, 2002-06-28 03:00 Section: Daily Dispatches4:46p ET Friday, June 28, 2002
Dear Friend of GATA and Gold:
A tireless GATA supporter, Ed Steer of Edmonton,
Alberta, Canada, this afternoon wrote a letter to a
reporter at the Toronto Globe amp; Mail to encourage
the newspaper to pursue the gold price suppression
story. Steer sent along with the letter a copy of a
chart of today's astounding New York gold price
action. The letter pretty much says it all, so it is