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Daily Dispatches
Midas commentary for May 25, 2000
Submitted by cpowell on Thu, 2000-05-25 03:00 Section: Daily Dispatches11:50a EDT Wednesday, May 24, 2000
Dear Friend of GATA and Gold:
I'm sharing with you below the daily market commentary of Michael
Kosares, proprietor of www.USAGold.com, which I'm sure many of you
read as religiously as I do but which may be new to some of you. It
is a brilliant and comprehensive look at the gold market situation.
Please post this as seems useful.
CHRIS POWELL, Secretary/Treasurer
Gold carry trade coming to an end
Submitted by cpowell on Wed, 2000-05-24 03:00 Section: Daily DispatchesBy Bill Murphy
www.LeMetropoleCafe.com
May 23, 2000
Right off the bat today J.P. Morgan came out selling
gold down. I remarked to an associate to look out for
trouble in the stock market. It is starting to appear
that the Plunge Protection Team is running out of
bullets in its effort to prop the stock market up. Sure
enough, today's stock market action was horrendous.
Every feeble rally was sold.
PPT and gold manipulations running out of gas
Submitted by cpowell on Tue, 2000-05-23 03:00 Section: Daily DispatchesBy Bill Murphy
Chairman, Gold Anti-Trust Action Committee
May 22, 2000
I had not intended to put this out today but I am so
ticked off that I decided a change in the game plan was
in order.
We are truly in a WAR of sorts. As we all know, the
collusion crowd has the money and power. We have the
truth and the Internet.
So I plan to use the Internet to get our side of the
story out to combat the stifling tactics of certain
GATA continues making Washington contacts
Submitted by cpowell on Mon, 2000-05-22 03:00 Section: Daily Dispatches12:40p EDT Sunday, May 21, 2000
Dear Friend of GATA and Gold:
Reginald H. Howe of www.GoldenSextant.com has done it
again.
The other day he disclosed that J.P. Morgan and Co.'s
volume of gold derivatives had exploded recently. Now he
is disclosing the same situation with Deutsche Bank.
This means that the primary agents in capping the gold
price have been identified.
GATA will be pursuing this.
Is Deutsche Bank Sabotaging Washington Agreement?
Submitted by cpowell on Sun, 2000-05-21 03:00 Section: Daily DispatchesCopyright 2000, www.LeMetropoleCafe.com
Not to be reproduced without permission
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MIDAS COMMENTARY FOR MAY 19, 2000
By Bill Murphy
www.LeMetropoleCafe.com
Spot gold $273.90, up 90 cents
Spot silver $4.98, down 2 cents
As my namesake, Bob Murphy, said on CNBC about a year
ago, I cannot analyze the gold market using technical
Nuclear bomb hangs above the gold market
Submitted by cpowell on Fri, 2000-05-19 03:00 Section: Daily DispatchesBarrick's Munk flies to defence of hedging
By Keith Damsell
www.miningweb.com
May 17, 2000
Peter Munk, chairman of Barrick Gold Corporation, gave an emotional defence
of the company's hedging strategy on May 16, a forward-selling gold program
that has generated profit and controversy for the Toronto mining giant.
quot;Don't let yourself be taken in by confusion and propaganda,quot; Munk told
Clinton administration goes to war against GATA
Submitted by cpowell on Thu, 2000-05-18 03:00 Section: Daily DispatchesCopyright 2000 www.LeMetropoleCafe.com
Not to be reproduced without permission
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MIDAS COMMENTARY FOR MAY 16, 2000
By Bill Murphy
www.LeMetropoleCafe.com
Spot gold $275.30, down 20 cents
Spot silver $5.11, up 9 cents
The CRB index continues its relentless move higher,
closing at 221.15, up another 1.17 today, well above
its 200-week moving average number of around 219. Oil
Barrick''s Munk defends company''s hedging
Submitted by cpowell on Thu, 2000-05-18 03:00 Section: Daily DispatchesWAR!
Clinton Administration Launches
Counteroffensive Against GATA
By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
May 17, 2000
As a result of the quot;enveloping hornquot; battle tactic
employed by the Gold Anti-Trust Committee, all heck is
breaking loose.
To begin with, I received this email early this morning
from a member of www.LeMetropoleCafe.com:
quot;Bill, apparently this article was in the news, then it
Privateer on interest rate hike and gold
Submitted by cpowell on Tue, 2000-05-16 03:00 Section: Daily Dispatches10:15p EDT Monday, May 15, 2000
Dear Friend of GATA and Gold:
The text and image of the new GATA two-page
advertisement in Roll Call, published today,
are ready for viewing at GATA's informational
web site at:
a href=http://www.gata.org/latest.htmlhttp://www.gata.org/latest.html/a
We're having an impact in Washington, thanks
to our great supporters.
Please post this as seems useful.
Midas commentary for May 16, 2000
Submitted by cpowell on Tue, 2000-05-16 03:00 Section: Daily Dispatches5p EDT Tuesday, May 16, 2000
Dear Friend of GATA and Gold:
You may enjoy this commentary from Bill Buckler's
Privateer Market Letter, which, apart from being
insightful, mentions GATA toward the end.
Buckler asks whether GATA last week told Congress
that it should give up on the dollar and return the United
States to a gold standard. We didn't. We think the
dollar has its place as much as gold does. But we
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