Daily Dispatches

1:10p ET Monday, June 16, 2003

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's June 13 "Midas" commentary
at www.LeMetropoleCafe.com has been posted in the clear
at Kitco:

http://www.kitco.com/ind/Murphy/jun162003.html

As important as that commentary is, let's hope Murphy will
forgive anyone who gets more enthusiastic about South

12:34p ET Monday, June 16, 2003

Dear Friend of GATA and Gold:

Why, Peter Brimelow at CBSMarketWatch asks, are gold
and the gold shares running so strongly alongside a
rally in the general share market?

The answer he gets is that the Federal Reserve is
pushing interest rates so far below a zero real return
that money has nowhere else to go but into real assets,
and, of course, gold may be the realest of the real.

10:28p ET Sunday, June 15, 2003

Dear Friend of GATA and Gold:

While the financial world speculates about gold,
GATA consultant Reg Howe once again digs
out the source material and reports the facts.

In his new commentary tonight, titled "Not
Your Father's Gold Market," Howe analyzes the
latest figures on gold derivatives as reported
by the Bank for International Settlements and

11:20a ET Sunday, June 15, 2003

Dear Friend of GATA and Gold:

A Merrill Lynch fund has bought a tonne of gold.
"We look at gold as cash," the fund manager
explains. "It's just a different type of cash."
You can find this report at MineWeb here:

http://www.mips1.net/MGLdn.nsf/Current/8525690B0032142042256D4600484AA

11:21p ET Friday, June 13, 2003

Dear Friend of GATA and Gold:

A couple of things possibly of interest....

Chris Temple, editor of The National Investor, has a new
essay arguing that the central banks are liquefying the
gold market to get the "too big to fail" shorts out of the
way and arrange an orderly rise of the gold price:

http://www.gold-eagle.com/editorials_03/temple061403.html

White House Sends OFHEO's Brickell Nomination To Senate

By Dawn Kopecki
Dow Jones Newswires
Thursday June 12, 2003
biz.yahoo.com/djus/030612/1713001217_2.html

WASHINGTON -- After months of delay, the White House
hurried to the U.S. Senate Thursday the formal nomination
of a new director of the federal agency that regulates
Freddic Mac, just three days after the company booted its
top executives over problems with its accounting practices.

Gold Bugs Get Their Answer

By Kelly Patricia O'Meara
Insight Magazine online
June 12, 2003

http://www.insightmag.com/news/439175.html

More than a year ago, Blanchard & Co. of New Orleans,
the nation's largest retailer of precious-metal coins, filed
a lawsuit against J.P. Morgan Chase & Co. and a
Canadian mining corporation, Barrick Gold Corp.,

11:34p ET Wednesday, June 11, 2003

Dear Friend of GATA and Gold:

A few things especially worth checking tonight....

MineWeb has a dispatch about last weekend's
gold conference in Vancouver, at which GATA
Chairman Bill Murphy spoke:

http://www.mips1.net/MGGold.nsf/UNID/NMOT-5NDQ97?OpenDocument

And Jim Sinclair has two brief commentaries:

Fed Is Creating Golden Opportunity

By Aaron L. Task
TheStreet.com
June 13, 2003
http://www.thestreet.com/_yahoo/markets/aarontaskfree/10093462.html

As fans of "Superman" comics and/or "Seinfeld" know,
Bizarro World is a land where up is down, black is white,
good is bad and so on. In other words, it's sort of like the

1:19a ET Tuesday, June 10, 2003

Dear Friend of GATA and Gold:

Barrick Gold has confessed that it and its bullion banker,
JP Morgan Chase & Co., are the direct agents of the
central banks in the international control of the gold
price.

Barrick's confession was filed in U.S. District Court in
New Orleans as part of a legal maneuver to gain dismissal