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Daily Dispatches
SF Chronicle smashes gold-carry trade
Submitted by cpowell on Sun, 1999-10-03 03:00 Section: Daily Dispatches12:30a EDT Monday, October 4, 1999
Dear Friend of GATA and Gold:
GATA Chairman Bill quot;Midasquot; Murphy has been working
all weekend as usual, collecting intelligence on the
precious metals markets from around the world, and
has filed two more dispatches.
They are very long and I'm not going to post them
here to you, but I'll summarize them and you can
read them in their entirely without charge by taking
Long-Term Capital Management seen closing
Submitted by cpowell on Sat, 1999-10-02 03:00 Section: Daily Dispatches1:50a Saturday, October 2, 1999
Dear Friend of GATA and Gold:
Here's Friday night's quot;Midasquot; dispatch from GATA
Chairman Bill Murphy to his subscribers at
www.lemetropolecafe.com. Because of its importance,
I'm sending the whole thing to you and urge you to post
it wherever you can and bring it to the attention of
political authorities and gold investors everywhere.
It appears that the manipulators that have driven the
Forbes notes leverage in gold stocks
Submitted by cpowell on Sat, 1999-10-02 03:00 Section: Daily DispatchesNoon EDT Saturday, October 2, 1999
Dear Friend of GATA and Gold:
This item from Reuters foreshadows a funeral that we
won't be invited to. Enjoy.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
LTCM may be out of business,
Fed's McDonough says
By Knut Engelmann
CHICAGO, Oct. 1 (Reuters) -- Long-Term Capital
Management, the huge U.S. investment fund that almost
A mining company president''s compliment
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches9:15p EDT Thursday, September 30, 1999
Dear Friend of GATA and Gold:
Here's an essay by GATA's vice chairman and treasurer,
John D. Meyer, founder of Berkshire Financial Advisors
in Great Barrington, Mass., and a 30-year veteran of
the money-management business, posted at
www.lemetropolecafe.com.
Better than anything else I've seen, John's essay
explains the meaning of the decision by the European
A squeeze to please, seen from Australia
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches10:40p EDT Friday, October 1, 1999
Dear Friend of GATA and Gold:
Here's a wonderful letter received today by GATA
Chairman Bill Murphy from Ron Manners, chairman of
Croesus Mining NL in Australia.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
Dear Bill:
I am chairman of an Australian listed gold miner,
Croesus Mining NL, and have been watching your group's
Evidence grows that squeeze is only starting
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches11:30p EDT Friday, October 1, 1999
Dear Friend of GATA and Gold:
The gold carry trade and the short squeeze are finally
news for the mainstream press. Here's a fine article
from the Sydney Morning Herald for Saturday, October 2.
Those of us on the other side of the planet get to read
it a day before publication!
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
Today Karachi, tomorrow the world
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches11:50p EDT Friday, October 1, 1999
Dear Friend of GATA and Gold:
Here's tonight's quot;Golden View from The Towerquot;
commentary at www.USAGold.com.
Evidence grows that the short squeeze in gold is only
beginning. I'll send more along these lines to you
shortly.
Please post this as seems useful.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
After the Close:
Manipulation of gold now taken for granted
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches1:40a EDT Saturday, October 2, 1999
Dear Friend of GATA and Gold:
What to make of the development reported in the
following dispatch from the Dawn newspaper in
Karachi, Pakistan, the closing of the local gold
market?
One might think that, out on the fringes of the planet,
the physical market for gold is overcoming the paper
market for gold -- that, at the greater distances from
the market manipulators and the paper mongers of
BOOM! Gold shorts start to default
Submitted by cpowell on Fri, 1999-10-01 03:00 Section: Daily Dispatches1:35a EDT Saturday, October 2, 1999
Dear Friend of GATA and Gold:
You may be interested in Robert Chapman's fine essay
at www.gold-eagle.com, which indicates that the
manipulation of the gold market is now pretty much
taken for granted. It wasn't taken for granted back in
January when GATA was formed and our chairman, Bill
Murphy, started shouting it from the rooftops on the
Internet. GATA can take credit for this change in
After gold, can silver be far behind?
Submitted by cpowell on Thu, 1999-09-30 03:00 Section: Daily Dispatches12:07a EDT Thursday, September 30, 1999
Dear Friend of GATA and Gold:
Here's Wednesday night's commentary at
www.usagold.com, quot;The Golden View from
the Tower.quot;
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
AFTER THE CLOSE:
THE GOLDEN VIEW FROM THE TOWER
September 29, 1999
Sorry folks, the Tower was unmanned today because we