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Daily Dispatches
Morgan Chase gold derivative department loses control, threatens banking house
Submitted by cpowell on Tue, 2002-05-07 03:00 Section: Daily DispatchesBy Thom Calandra
CBS.MarketWatch.com
May 7, 2002
SAN FRANCISCO (CBS.MW) -- Where is the QQQ
for gold?
Mining executives are probing demand for an
electronic proxy for gold, in theory similar
to the so-called Nasdaq 100 cubes (QQQ). With
gold-mining shares at three-year highs in
North America and other markets around the
world, individual interest in the metal is
rising.
Small-lot traders on New York's Comex, the
Could Barrick cover short position of 23 million ounces even if it wanted to?
Submitted by cpowell on Mon, 2002-05-06 03:00 Section: Daily Dispatches11:19p ET Wednesday, May 1, 2002
Dear Friend of GATA and Gold:
You gotta love Goldcorp's press release today about
its quarterly report, quite apart from the report's
outstanding numbers. Note especially the company's
treatment of gold as money, its holding gold as
money in its treasury, and its shouting: quot;We don't
hedge!quot;
You can find the press release here:
a href=http://biz.yahoo.com/prnews/020501/to064_1.htmlhttp://biz.yahoo.com/prne...
Gold share rally may continue, analysts say
Submitted by cpowell on Wed, 2002-05-01 03:00 Section: Daily DispatchesBerger amp; Montague, P.C. and Reginald H. Howe
Sue Kinross Gold Corp. And Related Persons
on Behalf of Unaffiliated Investors in Kinam Gold Inc.
PHILADELPHIA, April 30 /PRNewswire/ -- On April 26, 2002,
the law firm of Berger amp; Montague, P.C. and attorney Reginald
H. Howe, through the Nevada law firm of Kummer Kaempfer
Bonner amp; Renshaw, filed a class action suit against Kinross
Gold Corp. (quot;Kinrossquot;) (Amex: KGC - news), Kinross Gold
Barrick moves on Anglo, explaining Anglo''s boosting gold before covering shorts
Submitted by cpowell on Wed, 2002-05-01 03:00 Section: Daily DispatchesBy Thom Calandra
www.marketwatch.com
May 1, 2002
SAN FRANCISCO (CBS.MW) -- Gold shares may not pause
in a powerful rally that has made miners the top performing
stock market group of the past three months, analysts and
fund managers say.
Nearly all of those who follow gold companies or invest in
them on behalf of clients expect further, strong gains this
year. Even Wall Street analysts, caught with their pants
A quarterly report style that every gold company should follow
Submitted by cpowell on Wed, 2002-05-01 03:00 Section: Daily Dispatches8:15p ET Wednesday, May 1, 2002
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's quot;Midasquot;
commentary tonight at www.LeMetropoleCafe.com
breaks what may prove to be the story of the
year in the gold world: Barrick Gold's plan
to acquire AngloGold.
quot;Midasquot; fits this in with AngloGold CEO
Bobby Godsell's promoting the gold price's
prospects even as AngloGold was beginning to
Press release on suit against Kinross by Berger Montague and Reg Howe
Submitted by cpowell on Tue, 2002-04-30 03:00 Section: Daily Dispatches8:14p ET Monday, April 29, 2002
Dear Friend of GATA and Gold:
For many months GATA member Mark J.
Lundeen has been campaigning for us
throughout his home state, Minnesota, and,
partly as a result, a good article about
gold has just appeared in the Minneapolis
Star Tribune.
The story includes a comment from GATA's
friend Craig Smith of Swiss America Trading
Corp. in Arizona.
I'll append the story here. It shows that the
New book examines the war against gold
Submitted by cpowell on Mon, 2002-04-29 03:00 Section: Daily DispatchesBy BILL O'DRISCOLL
Reno (Nevada) Gazette-Journal
April 20, 2002
ELKO -- The economic aftershocks could be
ebbing in this epicenter of Nevada mining.
After several years of plummeting prices, the
gold market is showing signs of strength and
stability at $300 an ounce, up more than $25
since last fall.
quot;Twenty-five dollars makes a big difference.
It's job security for us,quot; said Bill Smith, a
After some prodding, a regional American newspaper cites gold
Submitted by cpowell on Mon, 2002-04-29 03:00 Section: Daily Dispatches7:53p ET Monday, April 29, 2002
Dear Friend of GATA and Gold:
Our great friend and gold's great friend
Ferdinand Lips has just written a book
about the international struggle we're
all engaged in. The book's title is
quot;Gold Wars: The Battle Against Sound
Money as Seen from a Swiss Perspective.quot;
Here's what Harry Schultz of the
International Harry Schultz Letter says
about it:
Howe leads class-action lawsuit against Kinross Gold
Submitted by cpowell on Sun, 2002-04-28 03:00 Section: Daily DispatchesBy Thom Calandra
CBS.MarketWatch.com
April 25, 2002
SAN FRANCISCO -- Gold's spot price approached $310
Thursday for the first time since Oct. 22, 1999, confirming
what observers say is a sustained rally for the precious
metal.
The metal's rise, up $4.20 to $308 an ounce, came as the
euro gained to almost 90 cents on the dollar and the yen
rose almost 1 percent against the greenback. The metal,
Bill Murphy''s ''Midas'' commentary for April 26, 2002
Submitted by cpowell on Sun, 2002-04-28 03:00 Section: Daily Dispatches3:26p ET Sunday, April 28, 2002
Dear Friend of GATA and Gold:
Having become, thanks to his litigation against the
Bank for International Settlements, an expert in
expropriative tender offers, GATA consultant Reg
Howe has joined GATA's law firm, Berger amp; Montague
of Philadelphia, in bringing a class-action lawsuit
against Kinross Gold over the mistreatment of the
preferred shareholders of Kinam Gold, a company
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