You are here

Daily Dispatches

House of Morgan: From gold bugs to paper hangers

Section: Daily Dispatches

11p EDT Tuesday, May 2, 2000

Dear Friend of GATA and Gold:

I don't know exactly what's going on with the index
of major gold mining shares on U.S. exchanges, the
XAU, which rose nearly 10 percent today even as
Switzerland was confirming its plans to sell gold,
but the observations of a few others elsewhere may
bear repeating in one place:

-- Reginald H. Howe of www.GoldenSextant.com

GATA goes to Washington next week

Section: Daily Dispatches

11:15p EDT Wednesday, May 3, 2000

Dear Friend of GATA and Gold:

Reg Howe of www.GoldenSextant.com has analyzed the gold
derivative position of Morgan Guaranty Trust Co. and
concludes that the firm has taken on so much exposure
as to suggest that it has done so with government
encouragement. Howe's essay follows but the columns in
the chart it contains may not line up properly in email
or on the GATA web site. If they don't, you can view

Midas commentary for May 2, 2000

Section: Daily Dispatches

An alert to the gold world (second of two parts)

Jan. 7, 1999 -- 12 major banks chaired by Goldman
Sachs and JP Morgan today formed a quot;Counterparty Risk
Management Groupquot; with the intent of enhancing best
practices in credit and market risk management. The
policy group will develop standards for strengthened
risk management practices.

Jan. 12, 1999 -- The Goon Squad acted right on cue.

Others are starting to sound like GATA

Section: Daily Dispatches

Copyright 2000 www.LeMetropoleCafe.com
Not to be reproduced without the author's permission
-------------------------------------------------------

Midas commentary for May 2, 2000

By Bill Murphy
www.LeMetropoleCafe.com

Spot gold $275.40, up $2.20
Spot silver $5.01, 1 cent

Technicals

Break those chains! Gold is a SCREAMING BUY. Only the
shackles of the Black Knights are keeping the price of

An alert to the gold world, Part 2

Section: Daily Dispatches

An alert to the gold world (first of two parts)

By Bill Murphy
Chairman, Gold Anti-Trust Action Committee
Proprietor, www.LeMetropoleCafe.com

April 29, 2000

This is an quot;ollie ollie in freequot; call to the gold
world. GATA is going to meet with some of the most
powerful politicians in Washington about our view that
the gold market is being manipulated and that many
innocent people around the word, especially the poor

Midas commentary for April 29, 2000

Section: Daily Dispatches

Copyright 2000 / www.LeMetropoleCafe.com.
Not to be reproduced without the author's permission
------------------------------------------------

MIDAS COMMENTARY FOR APRIL 26, 2000

By Bill Murphy
www.LeMetropoleCafe.com

Gold and silver were both hit again today with Goldman
Sachs starting off the action to the downside.

Yesterday I was told by Cafe sources that Goldman Sachs
would probe that downside in the gold pits and if they

An alert to the gold world, Part 1

Section: Daily Dispatches

Copyright 2000, www.LeMetropoleCafe.com
Not to be reproduced without the author's permission.
-------------------------------------------------

Midas commentary for April 29, 2000

By Bill Murphy
www.LeMetropoleCafe.com

Spot gold $272.80, down $3.40
Spot silver $4.95, unchanged

It took me an extra day to get this commentary done.
Nobody wanted to hear about gold's miserable

Midas commentary for April 26, 2000

Section: Daily Dispatches

Copyright 2000 / www.LeMetropoleCafe.com.
Not to be reproduced without the author's permission
------------------------------------------------

MIDAS COMMENTARY FOR APRIL 25, 2000

By Bill Murphy
www.LeMetropoleCafe.com

Spot gold, $278.25, down $1.40
Spot silver, $5, up 6 cents

Right after my quot;Gold Market Mysteryquot; presentation to
the spring dinner meeting of the Committee for Monetary

Midas commentary for April 25, 2000

Section: Daily Dispatches

9:50p EDT Sunday, April 23, 2000

Dear Friend of GATA and Gold:

From the beginning GATA has been puzzled by what
has seemed the failure of the gold mining industry to
appreciate its own product -- to realize that the
industry isn't producing merely jewelry but, infinitely
more important, money itself. From this failure to
appreciate its own product flows the industry's failure
to recognize that its biggest competitors are not other

Gold is money but the industry doesn''t get it

Section: Daily Dispatches

By BILL MURPHY
Chairman, Gold Anti-Trust Action Committee Inc.
April 21, 2000

Recently I reiterated to supporters of the Gold Anti-
Trust Action Committee and members of
www.LeMetropoleCafe.com that GATA is building a case
to support our contention that the gold market is
manipulated by certain bullion dealers and the U.S.
Treasury Department's Exchange Stabilization Fund.

Information available in the public arena is bolstering

Pages