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Daily Dispatches
New GATA ad posted at www.GATA.org
Submitted by cpowell on Mon, 2000-05-15 03:00 Section: Daily Dispatches12:05a EDT Monday, May 15, 2000
Dear Friend of GATA and Gold:
Reginald H. Howe of www.goldensextant.com demonstrates
in his latest essay that the Federal Reserve knows more
about the manipulation of the gold market than it is letting
on. His essay is accompanied by three important charts that
cannot be reproduced in this simple email. So I have copied
the text here, made parenthetical insertions showing where
New GATA offensive starts in the morning
Submitted by cpowell on Sun, 2000-05-14 03:00 Section: Daily Dispatches11:15p EDT Friday, May 12, 2000
Dear Friend of GATA and Gold:
On Wednesday at 11:30 a.m. the Gold Anti-Trust Action
Committee -- consisting of Chris Powell, Reginald Howe,
Frank Veneroso, a state senator, and myself -- met with
one of the most powerful officials in Washington. It
was supposed to be only a 15-minute meeting. It lasted
45 minutes.
Toward the end of the meeting we were excused from the
Fed knows more about gold manipulation than it admits
Submitted by cpowell on Sun, 2000-05-14 03:00 Section: Daily DispatchesNEW GATA OFFENSIVE STARTS IN THE MORNING
By Bill Murphy, Chairman
Gold Anti-Trust Action Committee
and proprietor, www.LeMetropoleCafe.com
May 14, 2000
Many battles have been won throughout history using the
element of surprise. As members of www.LeMetropoleCafe.com
and GATA know, the Gold Anti-Trust Action Committee has
employed the quot;enveloping hornquot; battle tactic of the great South
Murphy''s report on GATA trip to Washington
Submitted by cpowell on Fri, 2000-05-12 03:00 Section: Daily Dispatches10:45p EDT Thursday, May 18, 2000
Dear Friend of GATA and Gold:
John Hathaway of the Tocqueville Gold Fund has followed
Reginald H. Howe of www.GoldenSextant.com in analyzing
the huge gold liabilities recently undertaken by J.P.
Morgan amp; Co. Hathaway concludes that bullion dealers
are completely unprepared for the looming reversal in
the gold market.
I've not been able to reproduce the chart that accompanies
John Hathaway examines Morgan''s gold position
Submitted by cpowell on Thu, 2000-05-11 03:00 Section: Daily Dispatches1a EDT Thursday, May 10, 2000
Dear Friend of GATA and Gold:
On Wednesday the GATA delegation to Washington met
with high officials of Congress and their staffs to present
evidence that the price of gold is being manipulated and
that gold loans have reached levels that threaten the U.S.
and world banking systems. We presented GATA's new
report, quot;Gold Derivative Banking Crisis,quot; and asked that
Congress gets interested in gold manipulation
Submitted by cpowell on Wed, 2000-05-10 03:00 Section: Daily Dispatches10p EDT Monday, May 8, 2000
Dear Friend of GATA and Gold:
The Battle of Washington is about to commence.
A little more than a year ago the Gold Anti-Trust
Action Committee developed a strategy to win the day
against the manipulators of the gold market. Our
strategy was based on the quot;enveloping hornquot; tactic of
the great South African Zulu chieftain, Shaka.
That strategy is working for us as it worked for him.
GATA presents its evidence to Congress this week
Submitted by cpowell on Mon, 2000-05-08 03:00 Section: Daily DispatchesCanada's Barrick sees strong gold prices ahead
LIMA, Peru, May 4 (Reuters) -- Canada's Barrick Gold
Corp. is betting on strong future gold prices in 2000
as world demand for the precious metal improves about
20 percent over 1999, the head of its Peruvian unit
said Thursday.
Driven by increased Asian demand and renewed interest
by investors in gold as an alternative to inflation-
threatened currencies, prices are set to shine, said
XAU way up but Barrick is down
Submitted by cpowell on Thu, 2000-05-04 03:00 Section: Daily Dispatches1:40a EDT Thursday, May 4, 2000
Dear Friend of GATA and Gold:
A delegation from the Gold Anti-Trust Action Committee
will be in Washington next Tuesday for appointments
with high officials of Congress about the manipulation of
the gold market. In addition, we have an appointment with
the chief economist of the Senate Banking Committee
and key committee staff members. The document GATA
has prepared, titled quot;The Gold Banking Derivative Crisis,quot;
Midas commentary for May 4, 2000
Submitted by cpowell on Thu, 2000-05-04 03:00 Section: Daily Dispatches3:40p EDT Thursday, May 4, 2000
Dear Friend of GATA and Gold:
A few minutes ago the XAU was up 4.6 percent and
Barrick Gold, ABX, the hedge fund that masquerades
as a gold miner, was running from even to DOWN a
third of a percent. Some would call this irrational, but
not us at GATA. And if the markets are going to be
irrational, they might as well be irrational on our side
once in a while. In any case gold is getting attention
Barrick chief expects 20 percent rise in gold price
Submitted by cpowell on Thu, 2000-05-04 03:00 Section: Daily DispatchesCopyright 2000, www.LeMetropoleCafe.com
Not to be reproduced without permission
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Midas commentary for May 4, 2000
By Bill Murphy
www.LeMetropoleCafe.com
Spot gold $279.90, up $2
Spot silver $5.10, up 10 cents
Technicals
The $2 rule again. Gold spiked early today, running up
over $4, only to be beaten down by Chase and Morgan.