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Daily Dispatches
Little GATA starts the dominoes falling for gold, by Peter George
Submitted by cpowell on Sun, 2001-05-27 03:00 Section: Daily DispatchesBy Peter George
May 25, 2001
quot;Do not despise the day of small things.quot;
-- Zechariah 4:10
As gold surged to a 15-month high of $298,50 Monday
morning, May 21st, market watchers were at a loss to
determine the reason. Some spoke of gold regaining its
quot;Safe Haven' role as inflation jitters moved investors
to switch from bonds to gold. Others pointed to growing
problems in the Middle East. We had also warned in
''Midas'' commentary for May 27, 2001
Submitted by cpowell on Sun, 2001-05-27 03:00 Section: Daily Dispatches10:32a ET Sunday, May 27, 2001
Dear Friend of GATA and Gold:
The essay whose title appears above was dispatched
to GATA members yesterday but seems to have had
trouble passing through to some email addresses,
perhaps because of its length. You can read it at
our message archive here:
a href=http://groups.yahoo.com/group/gata/message/799http://groups.yahoo.com/gr...
Little GATA starts the dominoes falling for gold
Submitted by cpowell on Sat, 2001-05-26 03:00 Section: Daily DispatchesBy Doug Pollitt
Pollitt amp; Co., Toronto
May 22, 2001
The last several weeks in the gold pit have seen a
most constructive pattern develop. Up a buck, up 90
cents, down a dime, up $2.10. Good action, good
two-way trade.
Now the bid side has always been thick, deep, and
stubborn, but ever since those rumblings about the
Bank of England choking up on the supply of lent
metal, the physical trade has tightened up markedly
Russia isn''t selling any gold after all
Submitted by cpowell on Fri, 2001-05-25 03:00 Section: Daily Dispatches11:12p ET Thursday, May 24, 2001
Dear Friend of GATA and Gold:
Frank Veneroso's report to the GATA African Gold Summit
in Durban, South Africa, has been posted at:
a href=http://www.gata.org/latest.htmlhttp://www.gata.org/latest.html/a
This document -- titled quot;Facts, Evidence, and Logical
Inference -- A Presentation On Gold Supply/Demand,
Gold Derivatives, and Gold Loansquot; -- is one of the two
The gold game: Electrified by the third rail
Submitted by cpowell on Fri, 2001-05-25 03:00 Section: Daily DispatchesMOSCOW, May 25 (Reuters) - Russia's deal with the
International Monetary Fund (IMF) would forbid Moscow
from selling gold from central bank reserves, even to
help flood victims, a government source told Reuters
on Friday. The source was commenting on Thursday's
statement from President Vladimir Putin that he was
willing to dip into Russia's gold and diamond reserves
to help people in the flood-hit Sakha Republic who have
Gold is getting off the mat all by itself
Submitted by cpowell on Fri, 2001-05-25 03:00 Section: Daily DispatchesBy Don Luskin
Special to TheStreet.com
First posted May 23, 2001 on RealMoney.com
a href=http://www.thestreet.com/tsc/money_pop/money_pop_tsc.htmlhttp://www.thes...
I have touched the third rail, and it is made of gold.
For millennia, gold has excited mankind's passions,
goading us to the heights of achievement and the
depths of evil. Now, since I've been writing about
Dow Jones story says banks don''t want a rising gold price
Submitted by cpowell on Thu, 2001-05-24 03:00 Section: Daily DispatchesFrom Borsa amp; Finanza, Italy
May 2001
The U.S. Treasury is accused of manipulating the free
market. Risks for the international bourses.
By Guido Bellosta
A trial that starts in Boston affects the interest of
hundreds of thousand of savers, financiers, and miners.
On the bench is the Treasury Department of the United
States, accused of having manipulated the international
price of gold with sophisticated financial operations
Frank Veneroso''s report to the GATA African Gold Summit
Submitted by cpowell on Thu, 2001-05-24 03:00 Section: Daily Dispatches10:35a ET Thursday, May 24, 2001
Dear Friend of GATA and Gold:
The following dispatch from yesterday apparently
didn't make it through to everyone on our email
list, so I'm sending it again in the hope that
those who get it twice will forgive the
duplication.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
South Africa Watch:
Gold Spike Punctures Banks' Cozy Cartel
Dow Jones story says banks don''t want gold price to rise
Submitted by cpowell on Wed, 2001-05-23 03:00 Section: Daily DispatchesBy Bill Murphy
www.LeMetropoleCafe.com
May 22, 2001
Gold $285 up 90 cents
Silver $4.54 up 1 cent
Information is pouring in from all over and from
various sources that there is indeed a Gold Syndicate
(part of which may be a de-facto situation) that is
taking on the Gold Cartel. The Gold Syndicate knows
that what GATA is claiming is true and they believe
that Frank Veneroso's gold loan numbers of 10,000 to
Italian magazine article warns of gold price manipulation
Submitted by cpowell on Wed, 2001-05-23 03:00 Section: Daily DispatchesSouth Africa Watch:
Gold Spike Punctures Banks' Cozy Cartel
By Adam Aljewicz
Dow Jones Newswires
May 23, 2001
JOHANNESBURG -- The latest run-up in the gold price has left
a lot of investment bankers nursing extremely sore positions.
The reason is that gold has risen more in the last two weeks
than in the past two years. You've probably heard all of the
reasons and more, but just in case you've been in
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