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Daily Dispatches
Gold bulls see more dollar decline giving the metal more room to rise
Submitted by cpowell on Wed, 2002-05-29 03:00 Section: Daily Dispatches12:48a ET Wednesday, May 29, 2002
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy will be interviewed by
Tom O'Brien on the Tiger Financial News Network
at 5:40 p.m. ET today. Murphy will discuss his
work with the GATA delegation at last week's
conference in London of the Association of Mining
Analysts. The interview will be broadcast on the
Internet at www.tfnn.com and www.tiger1590.com.
Tocqueville''s Hathaway sees a slow-motion short squeeze
Submitted by cpowell on Wed, 2002-05-29 03:00 Section: Daily DispatchesBy Thom Calandra
CBS.MarketWatch.com
May 29, 2002
Gold and silver backers see an accelerating decline in
the dollar contributing to further strong gains for their
metals.
quot;It is my view that the demand for dollars will decline. As
this demand continues to decline, the flight from the dollar
will accelerate, regardless whether or not the Federal Reserve
reduces the supply of dollars,quot; says James Turk, editor of
Bullion banks'' bets against gold are getting noticed
Submitted by cpowell on Tue, 2002-05-28 03:00 Section: Daily DispatchesBy Thom Calandra
www.CBS.MarketWatch.com
Friday, May 24, 2002
SAN FRANCISCO -- As gold -- and silver -- prices keep
steamrolling higher, the bandwagon for metal investment
vehicles is getting larger.
The audience of individual investors learning about metals
investing for the first time, or for the first time in a
long time, is growing rapidly. Conference directors report
swelling interest in gold-oriented shows such as the 2002
James Turk''s GoldMoney.com featured by CBS.MarketWatch.com
Submitted by cpowell on Tue, 2002-05-28 03:00 Section: Daily Dispatches11:22a ET Tuesday, May 28, 2002
Dear Friend of GATA and Gold:
The story below from the Daily Mail in Britain is interesting
for showing that GATA's story about the bullion banks' big
short position in gold and the resulting manipulation of
the gold price is breaking through even to mainstream
news organizations. Meanwhile, the gold price seems to
be reflecting this growing awareness. One has to suspect
Metals bandwagon is growing as silver gains with gold
Submitted by cpowell on Sat, 2002-05-25 03:00 Section: Daily Dispatches11:12p ET Thursday, May 23, 2002
Dear Friend of GATA and Gold:
There's some fine reporting tonight at TheMiningWeb.com
about the London conference of mining industry analysts,
which a delegation from GATA is attending.
There are two articles:
1) Washington gold pact must go
a href=http://www.mips1.net/MGGold.nsf/Current/4225685F0043D1B285256BC200681Cht...
GATA presentation stuns London mining analyst conference
Submitted by cpowell on Thu, 2002-05-23 03:00 Section: Daily Dispatches9:12p ET Wednesday, May 22, 2002
Dear Friend of GATA and Gold:
The secretarial help here at GATA headquarters isn't
what it used to be, so you've just been sent in error
some text involving what I do in my other life, in the
newspaper business in Connecticut. Please forgive
the distraction.
You were meant to receive an advisory about
TheMiningWeb.com's report that GATA's great
friend, Durban Roodeport Deep, is issuing new
Reports on GATA''s role at the London conference of mining industry analysts
Submitted by cpowell on Thu, 2002-05-23 03:00 Section: Daily Dispatches12:53p ET Thursday, May 23, 2002
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy reports that the
GATA delegation quot;stunnedquot; the mining industry
analysts conference in London today with a
presentation about the official sector short
position in gold and the suppression of the
gold price by central banks.
The GATA delegation includes Reginald H.
Howe, James Turk, Robert K.Landis, and the
Durban reported issuing shares to close hedge book early
Submitted by cpowell on Wed, 2002-05-22 03:00 Section: Daily DispatchesBy Thom Calandra
www.CBS.MarketWatch.com
May 21, 2002
SAN FRANCISCO -- Gold's sharp rise is boosting the
6-year-old Gold Bugs Index of unhedged miners much
more than its larger counterpart, the 13-year-old
Philadelphia Gold and Silver Index.
In a day, as the price of spot gold surpassed $315,
the Amex Gold Bugs Index (HUI) rose 11 percent vs.
a 3.1 percent gain for gold. The Gold Bugs Index,
New commentary by Reg Howe on gold price suppression
Submitted by cpowell on Tue, 2002-05-21 03:00 Section: Daily DispatchesNoon Tuesday, May 21, 2002
Dear Friend of GATA and Gold:
Our consultant Reginald H. Howe, proprietor of
www.GoldenSextant.com, has just written a great
essay about the increasingly troublesome
suppression of the gold price. It's beautifully
illustrated with some important price charts. You
can find it here:
www.goldensextant.com/commentary20.html#anchor6097
CHRIS POWELL, Secretary/Treasurer
Different gold share indexes track unhedged producers'' lead over hedgers
Submitted by cpowell on Tue, 2002-05-21 03:00 Section: Daily DispatchesFrom quot;Midasquot; commentary for Tuesday, May 7, 2002
Copyright 2002, www.LeMetropoleCafe.com
Used by permission
By Bill Murphy
www.LeMetropoleCafe.com
May 7, 2002
This morning I received a phone call from the best of
sources in South Africa. The source has a friend who
spent some time recently with two J.P. Morgan Chase
senior bankers. The friend was told by the Morgan
people that they have quot;lost control of the gold market