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Daily Dispatches

GATA busts the shorts and gold rallies

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
June 1, 2000

The Gold Derivative Banking Crisis report that the GATA
delegation presented to one of the most powerful
politicians in Washington as well as to Dr. John
Silvia, chief economist of the Senate Banking
Committee; Alabama U.S. Rep. Spencer Bachus, chairman
of the House Subcommittee on Domestic and International
Monetary Policy, including six of his staff members;

Midas commentary for June 3, 2000

Section: Daily Dispatches

11:55p EDT Friday, June 2, 2000

Dear Friend of GATA and Gold:

The word is getting out about the manipulation of the
price of gold and part of its purpose: to protect the
financial institutions that sold gold borrowed from
central banks, and to protect the central banks that
lent so much. So much gold has been sold short that
it cannot be recovered without exploding the price,
threatening the solvency of the participants in the

Gold Derivative Banking Crisis report is on Internet

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
Wednesday, May 31, 2000

An astute member of www.LeMetropoleCafe.com, Ian Brain
of Australia, alerted me to the following essay by John
Hathaway of Toqueville Asset Management that should be
posted on the Tocqueville web site tomorrow.

Hathaway's commentary is titled, quot;Conspiracy And The
Gold Market: A Clarification.quot;

Gold company merger speculation grows

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
May 30, 2000

Spot gold $272.70, up 60 cents
Spot silver $4.90, down 1 cent

Today I had a conversation with John Mielke, director
of the Market Surveillance Section of the Commodities
Futures Trading Commission, and told him of GATA's Gold
Derivative Banking Crisis report and other material
that was coming his way via overnight mail.

Hathaway says gold market is probably manipulated

Section: Daily Dispatches

Franco-Nevada at hub of
gold merger speculation

Mining royalty firm said to show
interest in several companies

By Keith Damsell
Financial Post
(National Post/Canada)
Wednesday, May 31, 2000

The moribund gold sector was buzzing yesterday with
increasing rumours that a major merger or acquisition
is in the works.

Franco-Nevada Mining Corp. Ltd., a Toronto-based mining
royalty firm, is at the centre of much of the

Dallas Morning News story features GATA

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
May 29, 2000

Word is finally getting out that something is very
wrong with the gold market. As a result, it is going to
be scrutinized much more closely, and as the facts are
understood, there is going to be a gold price explosion
that few are prepared for or expect.

I thought you might like to know what the Gold Anti-
Trust Action Committeeis planning for the next couple

GATA makes new contacts in Washington

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
May 30, 2000

Today the Dallas Morning News published the first
full story about the Gold Anti-Trust Action
Committee that has appeared in the mainstream U.S.
press in the 15 months since GATA began.

It is fair and balanced, though, for the life of me,
I cannot understand where John Hathaway of the
Tocqueville Fund is coming from with some of his

Washington, Paris, And Then Johannesburg

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee
May 27, 2000

At a time when so many are demoralized about gold,
there is a shining light out there that is trying to do
so much for all of us. He deserves to be heralded.

He is Joshua Wright of
a href=http://www.egroups.com/group/GoldWorldNethttp://www.egroups.com/group/Go...

Josh Wright may be likened to some of the most powerful

Let Normandy know it''s rude; and Josh Wright helps gold

Section: Daily Dispatches

9:30p EDT Friday, May 26, 2000

Dear Friend of GATA and Gold:

Having gone through the data posted by the Bank for
International Settlements, Reginald H. Howe of
www.GoldenSextant.com has concluded that, far
from not being money anymore, gold was so tempting
as money to central banks and bullion banks that
they couldn't help but spend it as recklessly as they
could, putting themselves in an impossible situation

Bankers lost all restraint when it came to gold

Section: Daily Dispatches

Copyright 2000, www.LeMetropoleCafe.com
Not to be reproduced without permission
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MIDAS COMMENTARY FOR MAY 25, 2000

By Bill Murphy
www.LeMetropoleCafe.com

Spot gold $270.40, down $3.10
Spot silver $4.90, down 7 cents

The CRB: 224.55 and was over 227 at one point this
morning, crude oil at $30.51 per barrel, platinum at
$547, and gold: $270.40.

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