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Daily Dispatches
Daily gold market commentary at www.USAGold.com
Submitted by cpowell on Mon, 2001-05-14 03:00 Section: Daily DispatchesBy Ilja Graulich
Business Day, South Africa
a href=http://www.bday.co.zahttp://www.bday.co.za/a
May 14, 2001
They are the $289 Club: power brokers who held the gold
price to exactly $289/oz on the last trading days of
1997, 1998, and 1999. So says the Gold Anti-Trust
Action Committee (GATA). (For the record, according to
the London Bullion Market Association, the prices were
$289, $287, and $290 respectively.)
Bullion banks told to cover by month''s end, source says
Submitted by cpowell on Mon, 2001-05-14 03:00 Section: Daily Dispatches10:26a ET Monday, May 14, 2001
Dear Friend of GATA and Gold:
Here's today's gold market commentary at
www.USAGold.com, whose Internet site's
bulletin board has been a generous host to
GATA from our beginning. The USAGold daily
commentary is where many people start the
day's watch on the market.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Bullion banks told to cover by month''s end, source says
Submitted by cpowell on Mon, 2001-05-14 03:00 Section: Daily DispatchesMIDAS COMMENTARY FOR MAY 14, 2001
By Bill Murphy
www.LeMetropoleCafe.com
May 14, 2001
Gold $268.30 up 30 cents
Silver $4.34 up 1 cent
Here's a bombshell from Bob Chapman that fits in perfectly
with the information you have been getting from Midas for
the past four weeks or so. Bob, who is a big GATA supporter
and editor of the International Forecaster, sent us the
following even before he published it in his own newsletter:
GATA featured in major German newspaper
Submitted by cpowell on Sun, 2001-05-13 03:00 Section: Daily DispatchesGold 'plot' seems to hold more bull than bullion
By Ingrid Salgado
Business Report, South Africa
a href=http://www.businessreport.co.zahttp://www.businessreport.co.za/a
May 13, 2001
DURBAN -- Outspoken supporters of the Gold Anti-Trust
Action Committee (GATA), the Texas-based group that
believes the world's central banks are colluding to
squash the gold price, are few and far between.
Critical responses to TheMiningWeb report on Durban conference
Submitted by cpowell on Sun, 2001-05-13 03:00 Section: Daily Dispatches12:13a ET Sunday, May 13, 2001
Dear Friend of GATA and Gold:
Here's a big article published last week in the
Sueddeutsche Zeitung in Germany -- the South German
News, a major German newspaper. Many thanks to the
friend who forwarded it and the friends arranged its
translation.
I think you'll get from this article and others the
sense that GATA is slowly breaking onto the world
stage, beginning to establish its point, but still a
Durban Daily News report on GATA African Gold Summit
Submitted by cpowell on Sun, 2001-05-13 03:00 Section: Daily Dispatches2:18p ET Sunday, May 13, 2001
Dear Friend of GATA and Gold:
Our friends have leapt to our defense at www.theminingweb.com
in response to the site's disparaging story about the Durban
conference -- so much so that the site has grouped some of
the responses in another story.
Thanks to all who got involved -- and to TheMiningWeb itself
for the equal time provided.
You can find the responses here:
GATA Chairman Bill Murphy''s report on the Durban conference
Submitted by cpowell on Sun, 2001-05-13 03:00 Section: Daily Dispatches10:48p ET Sunday, May 13, 2001
Dear Friend of GATA and Gold:
Below is the text of Friday's story about the GATA
African Gold Summit from the Durban, South Africa,
Daily News. You can see a copy of the actual page
from the newspaper here:
a href=http://www.gata.org/durban_press.htmlhttp://www.gata.org/durban_press.ht...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold funds shining above the rest
Submitted by cpowell on Sat, 2001-05-12 03:00 Section: Daily Dispatches5:14p ET Friday, May 11, 2001
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy reports that, contrary to a strangely
negative story distributed today by www.TheMiningWeb.com,the
GATA African Gold Summit in Durban, South Africa, was quot;a huge
successquot; and could not have gone better.
South Africa has been deluged with publicity about the
conference for two days, particularly on television and radio.
Financial Post says gold can''t possibly sustain rally
Submitted by cpowell on Sat, 2001-05-12 03:00 Section: Daily DispatchesBy Craig Tolliver
CBS.MarketWatch.com
May 11, 2001
NEW YORK -- Like a phoenix rising from the ashes, gold
funds have flown to the top of this year's performance
charts, returning 15 percent so far in 2001, Lipper
Inc. said Friday.
After several years in the doldrums, mutual funds
investing in gold producers were ahead of both small-
cap value funds, up 9.2 percent, and mid-cap value, up
A dismissive story in SA''s Business Report about Durban conference
Submitted by cpowell on Sat, 2001-05-12 03:00 Section: Daily Dispatches12:10p ET Saturday, May 12, 2001
Dear Friend of GATA and Gold:
We're almost hoping that the disbelief and mockery exhibited
in the following story from Canada's Financial Post this week
continue for a while. It will make the reversal in gold all the
more delicious. Getting the press to get off its duff for a
minute and examine the FACTS and the RECORD is hard,but we're
working on it. It's going to happen.
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