You are here
Daily Dispatches
''Midas'' commentary for May 22, 2001
Submitted by cpowell on Tue, 2001-05-22 03:00 Section: Daily Dispatches10:40a ET Tuesday, May 22, 2001
Dear Friend of GATA and Gold:
Interesting references in this London Telegraph
story to China's gold buying and the loss that
the Bank of England has incurred in its program
of gold sales.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
a href=http://money.telegraph.co.uk/money/main.jhtml;$sessionid$T2Y0BJYAAAHOVhttp://money.telegraph.co.uk/money/main.jhtml;$sessionid$T2Y0BJYAAAHOV/a
GATA chairman to be interviewed on South African radio
Submitted by cpowell on Mon, 2001-05-21 03:00 Section: Daily Dispatches9:29p ET Sunday, May 20, 2001
Dear Friend of GATA and Gold:
Gold-Eagle has a great new essay by Jay Taylor
that explains what might well be called the
GATA rally in gold. You can find it here:
a href=http://www.gold-eagle.com/gold_digest_01/taylor052201.htmlhttp://www.gol...
CHRIS POWELL, Secretary/Treasurer
Midas commentary for Monday, May 21, 2001
Submitted by cpowell on Mon, 2001-05-21 03:00 Section: Daily Dispatches9:32a CT Monday, May 21, 2001
Dear Friend of GATA and Gold:
At a little after 5 p.m. South African time today, I
will be interviewed by Nadia Levine for quot;PM Livequot; on
South African Broadcasting Co. radio station SAFM,
FM 104.3 - 107.3 mHz).
I understand that AngloGold has been interviewed for
the same broadcast. Ever since I was on the popular
Tim Modise Show on SABC for an hour on Wednesday
More commentary on the gold rally
Submitted by cpowell on Mon, 2001-05-21 03:00 Section: Daily DispatchesBy Bill Murphy
www.LeMetropoleCafe.com
May 21, 2001
Gold $284.05 down $2.10
Silver $4.53 down 2 cents
First the important gold market news, which is the GATA
news. There is no doubt in my mind that some very, very
big financial types are very aware of GATA, our GATA
African Gold Summit, and Reg Howe's lawsuit.
They have been buying for more than a month now. That
is why gold has been trading differently. These big-
AngloGold''s Godsell becomes president of World Gold Council
Submitted by cpowell on Sun, 2001-05-20 03:00 Section: Daily Dispatches1p ET Saturday, May 19, 2001
Dear Friend of GATA and Gold:
Mark Wellesley-Wood, chairman of Durban Roodeport Deep,
has written an essay supporting GATA in the company's May
2001 newsletter for shareholders and investors. GATA is
delighted to share it with you below, with the greatest
gratitude,for GATA simply would not have gotten started
in 1999 nor succeeded with our GATA African Gold Summit
German newspaper article is skeptical, but who cares?
Submitted by cpowell on Sun, 2001-05-20 03:00 Section: Daily Dispatches12:15a ET Sunday, May 20, 2001
Dear Friend of GATA and Gold:
There's an encouraging note in the following Reuters
story about the election of AngloGold CEO Bobby
Godsell as president of the World Gold Council: some
recognition that gold is money, not just jewelry, and
that developing nations need a currency alternative
to the U.S. dollar. This just may be something for
us to build on with the WGC, which lately has shown
The gold game: Hedging inventory risk
Submitted by cpowell on Sun, 2001-05-20 03:00 Section: Daily Dispatches12:39a ET Sunday, May 21, 2001
Dear Friend of GATA and Gold:
Thanks to our friend who spotted and forwarded the article
below from a major German daily newspaper, and to our
friend who translated it. While I get the sense that the
newspaper simply hasn't been listening to much of what
we have been saying and has no command of the details,
that's probably not very important. No, what's probably
Greenspan and bullion dealer panic over gold
Submitted by cpowell on Sun, 2001-05-20 03:00 Section: Daily DispatchesBy Don Luskin
Special to TheStreet.com
May 18, 2001
Originally posted at www.RealMoney.com
a href=http://www.thestreet.com/comment/openbook/1433611.htmlhttp://www.thestre...
I wrote Thursday that we had taken a position in a couple
of gold stocks: Newmont Mining and Homestake Mining. It's
been more than 20 years since I've traded gold stocks;
doing it again took me back to my earliest days of trading
Gold soars in classic investment ''squeeze''
Submitted by cpowell on Sun, 2001-05-20 03:00 Section: Daily DispatchesMIDAS COMMENTARY FOR MAY 20, 2001
By Bill Murphy
www.LeMetropoleCafe.com
May 20, 2001
Gold $286.50 up $12.65
Silver $4.55 up 8 cents
On Friday I informed you that it was the bullion
dealers and trade that ran up the gold price after it
broke above $275. I explained that it was clear to me
that once the dealers saw the Gold Cartel losing, they
panicked -- for they know what is coming down the road.
Jay Taylor explains the GATA rally in gold at Gold-Eagle
Submitted by cpowell on Sun, 2001-05-20 03:00 Section: Daily DispatchesGold soars in classic investment 'squeeze'
By Allan Robinson
Mining Reporter
The Globe and Mail, Toronto
a href=http://www.theglobeandmail.comhttp://www.theglobeandmail.com/a
Saturday, May 19, 2001
The price of gold soared $13.80 (U.S.) an ounce in a
surge of afternoon trading yesterday to close the day
at $287.80.
The upward swing came abruptly after lacklustre trading
throughout the morning, traders said.
Pages
