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Daily Dispatches
Murphy Commentary for 5/13/99
Submitted by cpowell on Thu, 1999-05-13 03:00 Section: Daily Dispatches11:45 p.m. EDT Friday, May 14, 1999
Dear Friends of GATA and Gold:
GATA Chairman Bill Murphy is on the road for a couple
of days and there doesn't seem much to share tonight
about the gold market beyond the usual sources that you
probably check anyway, so I'll share this correspondence
between myself and Martin Armstrong of Princeton
Economics. I hope it's better than nothing!
CHRIS POWELL
A big development Thursday 5/13 GMT?
Submitted by cpowell on Wed, 1999-05-12 03:00 Section: Daily DispatchesMIDAS COMMENTARY FOR MAY 12, 1999
By Bill Murphy
Spot Gold $276.80, down $1.10
Spot Silver $5.36, down 3 cents
Technicals....
Goldman Sachs and Deutsche were all over gold today,
selling it in "boatloads." They were all over it
yesterday too. The technicals are certainly bearish,
but they meant nothing on the upside and mean little
here either. This is a manipulated market. When the
MIDAS COMMENTARY FOR 5/12/99, Page 1
Submitted by cpowell on Wed, 1999-05-12 03:00 Section: Daily DispatchesPAGE 2, MIDAS COMMENTARY FOR MAY 12, 1999
"AH: George, you've obviously been watching the
'conspiracy' theorists who believe that every time the
gold price is ready to raise its head, something knocks
it back quite badly. We saw that happening again this
week. In fact last week the gold price seemed to be
heading above $290 and maybe even to $300 before the UK
announcement came out. What's your take on these
Page 2, Midas commentary for 5/12/99
Submitted by cpowell on Wed, 1999-05-12 03:00 Section: Daily DispatchesEvening Update 5/12/99 8:27 PM ET
http://www.thestreet.com/markets/eveningupdate/745979.html
By Aaron L. Task
TheStreet.com
Gold Intrigue Deepens, Perhaps
Rumors percolated through the zany, nutty, madcap
gold market this evening about some "announcement"
out of Europe tomorrow that could boost the
flagging metal.
We''ve hit "The Street" Again
Submitted by cpowell on Wed, 1999-05-12 03:00 Section: Daily Dispatches9 p.m. EDT Thursday, May 13, 1999
Dear Friends of GATA and Gold:
Here's GATA Chairman Bill Murphy's brief commentary
tonight to members of www.lemetropolecafe.com.
It elaborates on the gold business news we were
expecting today.
CHRIS POWELL
Secretary, Gold Anti-Trust Action Committee Inc.
(GATAComm@aol.com)
-----------------------
Le Metropole members:
Silver rocketed up 20 cents today and closed at $5.56.
Midas Commentary for May 10, 1999
Submitted by cpowell on Tue, 1999-05-11 03:00 Section: Daily DispatchesHARRY BINGHAM COMMENTARY, MAY 10, 1999
Following is a gold report by Harry Bingham,
internationally acclaimed gold expert, president of Van
Eck Institutional Advisers and manager of PIMCO
Precious Metals Fund among other accounts. Furthermore,
he is a well-known speaker of frequent Gold Conferences
in the U.S. and Canada and is often interviewed on
nationally syndicated TV programs.
Harry Bingham commentary for May 10, 1999
Submitted by cpowell on Tue, 1999-05-11 03:00 Section: Daily DispatchesFrom World Net Daily
Tuesday, May 11, 1999
Trouble in the gold market?
Analysts see move to manipulate prices
By Jon E. Dougherty
c 1999 WorldNetDaily.com
Whether influenced by uncertainties stemming from Y2K
or because global financial markets took a dramatic
turn for the worst, most gold analysts agree that 1998
was a "record year" for sales. So far, in 1999, record
buying has not subsided, according to the U.S.
World Net Daily article about GATA
Submitted by cpowell on Tue, 1999-05-11 03:00 Section: Daily Dispatches11:20 p.m. EDT Wednesday, May 12, 1999
Dear Friends of GATA and Gold:
Tonight's Midas commentary by Bill Murphy,
chairman of the Gold Anti-Trust Action
Committee and Le Patron of
www.lemetropolecafe.com, has just been
emailed to you in two parts because of
its length. (I hate having to try to open
attached files!)
Please let me call your attention to Bill's
brief mention of the big developments in the
Last Chance to Buy Gold at Low
Submitted by cpowell on Sun, 1999-05-09 03:00 Section: Daily DispatchesMIDAS COMMENTARY, MAY 10, 1999
Spot Gold $277.30 down $5.30
Spot Silver $5.40 down 1 cent
Technicals --
Not so fast, Rip Van Winkle. Just as the gold market
was finally stirring up serious bullish commentary all
over the world, it was bushwhacked on Friday as the
shorts had to call in the Bank of England cavalry,to
announce that they are selling 415 tonnes of gold, to
defend "Navarone." The price of gold was sent reeling
Another article from TheStreet.com
Submitted by cpowell on Sat, 1999-05-08 03:00 Section: Daily DispatchesGOLD PRICES OK HERE, FOR NOW!
Thu, 06 May 1999
To worry about the current low price of gold today is
the wrong approach since Y2K will take care of these
temporary price issues.
It is my opinion after 2 1/2 years and 3500 hours of
research and lectures that gold prices will have no
problem in advancing this Fall through the year 2000.
The current "short positions" held by banks, and
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