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Daily Dispatches
Mining analysts point to smaller companies
Submitted by cpowell on Thu, 2002-03-28 03:00 Section: Daily DispatchesBy Kevin Drawbaugh
WASHINGTON, March 26 (Reuters) -- Enron Corp. shareholders
are expected to unveil a lawsuit next week against big
investment banks with ties to the bankrupt energy trader,
threatening a legal battle with potentially devastating
consequences for Wall Street, lawyers said on Tuesday.
Frustrated at the dwindling resources of Enron and its former
auditor Andersen, plaintiffs' lawyers were on the verge of
Gold price-fixing lawsuit dismissed in U.S. District Court in Boston
Submitted by cpowell on Thu, 2002-03-28 03:00 Section: Daily DispatchesGold strategists dig deeper for profit;
mining analysts point to small-fry companies
By Thom Calandra
CBS.MarketWatch.com
March 28, 2002
SAN FRANCISCO -- With spot gold above $300 an ounce, the
question becomes, what's still a steal? Very little, it turns out.
Established gold companies are trading at 10 to 15 times cash
flow. Smaller ones, like Durban Roodepoort in South Africa,
have become the new momentum stocks. This $3.50 stock is
The manipulation is in the open now, and it''s faltering
Submitted by cpowell on Tue, 2002-03-26 03:00 Section: Daily DispatchesFed considered emergency measures to save economy
By Peronet Despeignes
Financial Times
March 24, 2002
a href=http://markets.ft.com/ft/gx.cgi/ftc?http://markets.ft.com/ft/gx.cgi/ftc?/a
pagename=Viewamp;c=Articleamp;cid=FT3ZO6O38ZCamp;live=trueamp;tagid=IXLTN37YICCamp;su
bheading=currencies%20amp;%20money
WASHINGTON -- The U.S. Federal Reserve in January
considered a variety of quot;unconventionalquot; emergency
Gold''s easy money lures Wall Street
Submitted by cpowell on Tue, 2002-03-26 03:00 Section: Daily Dispatches2:27a ET Tuesday, March 26, 2002
Dear Friend of GATA and Gold:
Monday's first big news was the Financial Times story
about the latest minutes released by the Federal
Reserve's Federal Open Market Committee, in which
the Fed is seen contemplating openly buying
equities to keep the stock market bubble inflated
in case interest rate cuts fail to do so. Gold was
prominently mentioned in the story. So now
A new gold investor contemplates gold''s morality
Submitted by cpowell on Tue, 2002-03-26 03:00 Section: Daily DispatchesGold's easy money lures Wall Street
Mining industry unblemished in shaky times
By Thom Calandra
CBS.MarketWatch.com
March 26, 2002
SAN FRANCISCO (CBS.MW) -- Maybe you heard the
ad: quot;You bought the stock last night, and next morning,
the CEO is on the stand, pleading the Fifth.quot;
It's that kind of market.
Maybe your favorite corporate chieftain is hung over
from shopping sprees, wiping tens of billions of dollars
Enron''s victims preparing lawsuits against big investment banks
Submitted by cpowell on Tue, 2002-03-26 03:00 Section: Daily Dispatches3:25p ET Tuesday, March 26, 2002
Dear Friend of GATA and Gold:
Part of an exchange I had this week with a newcomer
to gold investing raised the issue of its morality.
Maybe it will interest you, so it's below.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
-----------------------------------------
Dear Chris:
An essay titled quot;The Morality of Gold Jewelry,quot; written
Fed considers buying stocks if interest rate cuts fail
Submitted by cpowell on Mon, 2002-03-25 03:00 Section: Daily Dispatches4:14p ET Sunday, March 24, 2002
Dear Friend of GATA and Gold:
Here's the latest in the dispute between Kinross Gold and
certain holders of Kinam Gold preferred shares, the latter
represented in part by GATA consultant Reginald H.
Howe:
a href=http://biz.yahoo.com/prnews/020321/to256_1.htmlhttp://biz.yahoo.com/prne...
a href=http://www.goldensextant.com/Kinross-Kinam.html#anchor21348http://www.go...
Fed considers buying stocks if interest rate cuts fail
Submitted by cpowell on Mon, 2002-03-25 03:00 Section: Daily DispatchesBy Peronet Despeignes
Financial Times
March 24, 2002
a href=http://markets.ft.com/ft/gx.cgi/ftc?pagename=Viewamp;c=Articleamp;cid=FT...
live=trueamp;tagid=IXLTN37YICCamp;subheading=currencies%20amp;%20money
WASHINGTON -- The U.S. Federal Reserve in January
considered a variety of quot;unconventionalquot; emergency
Another exchange between Kinross and Reg Howe over Kinam shares
Submitted by cpowell on Sun, 2002-03-24 03:00 Section: Daily DispatchesBy David B. Wilkerson
CBSMarketWatch.com
a href=http://cbs.marketwatch.comhttp://cbs.marketwatch.com/a
Thursday, March 21, 2002
OWINGS MILLS, Md. (CBS.MW) -- Maryland Public Broadcasting
announced plans to replace its long-running quot;Wall Street Week
with Louis Rukeyserquot; program with a show co-produced with
Fortune magazine.
The new show will be called quot;Wall Street Week with Fortune.quot;
Big fight brewing over regulation of metals derivatives
Submitted by cpowell on Thu, 2002-03-21 03:00 Section: Daily Dispatches11:54a ET Saturday, March 16, 2002
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy was interviewed today
on Jim Pupalava's quot;Financial Sensequot; Internet broadcast
program. You can listen to it here:
a href=http://www.financialsense.com/Experts/2002/Murphy_B.htmhttp://www.financ...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.