Daily Dispatches

U.S. accounts reveal $20 billion liability in gold

Section:

12:39p ET Saturday, January 5, 2002

Dear Friend of GATA and Gold:

Ralph Nader's latest newspaper column, appended
here, describes the conference he has called for
Monday in Washington about the work of the Federal
Reserve. GATA Chairman Bill Murphy will attend and
call attention to the Fed's role in surreptitiously
suppressing the gold price.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Federal Reserve must be held accountable

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By Angus Macmillan
Dow Jones Newswires

JOHANNESBURG, Jan. 3 -- If AngloGold Ltd. is
pipped at the post by Newmont Mining Corp in
its bid for control of Australia's Normandy
Mining Co., it will face a dwindling range of
growth strategies. U.S.-based-Newmont has
raised its bid for Normandy to A$1.93 a share
-- valuing the company at A$4.3 billion --
and eclipsing AngloGold's A$4.1 billion offer

What''s AngloGold''s next acquisition target?

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By Thom Calandra
CBS.MarketWatch.com
Friday, January 4, 2002

http://cbs.marketwatch.com/news/story.asp?guid=%7B3240BD45%2D47C1%
2D4C42%2DAC5B%2D4C4C355942B7%7D&siteid=mktw

SAN FRANCISCO -- Gold sure could use some of the squeeze
that is pushing silver prices to nearly one-year highs.

While gold prices start the new year tamely flirting with $280 an

Will gold rise follow squeeze in silver?

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By Darren Schuettler

JOHANNESBURG, Jan 4 (Reuters) -- AngloGold Chairman
and CEO Bobby Godsell said on Friday his company's
offer for Australia's Normandy Mining was final and it was
now up to Normandy's shareholders to decide.

However, Godsell told Reuters in an interview that he was
encouraged by the narrowing gap between AngloGold's
offer and a richer bid from U.S. rival Newmont Mining Corp.

AngloGold says it''s better to lose Normandy than to overpay

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By Alden Bentley

NEW YORK, Jan 3 (Reuters) -- The purchase of
Australia's Normandy Mining by Newmont Mining after a
four-month bidding war will not be a one-way ticket
higher for gold prices, but should be beneficial for
the downsizing gold industry over the long haul,
experts said.

The takeover looked inevitable Thursday, raising the
specter that Newmont -- formerly North America's No. 1

Newmont raises Normandy offer; Anglo won''t keep bidding

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'MIDAS' COMMENTARY FOR DECEMBER 27, 2001

By Bill Murphy
www.LeMetropoleCafe.com
December 27, 2001

Gold $277, down $2.10
Silver $4.45, down 9 cents

Thirty-three months after the opening of
www.LeMetropoleCafe.com, the Gold Cartel is still
banging away at the gold price. Back then their "Guns
of Navarone" began blazing with selling barrages around
$290. Afraid of allowing gold to trade anywhere near

Newmont''s acquisition of Normandy seen putting a floor under gold

Section:

By Darren Schuettler and Sophie Hares

JOHANNESBURG/SYDNEY, Jan 3 (Reuters) -- Newmont Mining
looked poised to win a takeover battle for Australia's
Normandy Mining with a sweetened bid on Thursday, as
AngloGold Ltd refused to up its latest offer.

U.S.-based Newmont had earlier boosted the cash element
of its offer by 10 Australian cents per share, with the Normandy
board recommending the A$4.3 billion (U.S. $2.2 billion) offer.

AngloGold raises bid for Normandy, cites cooperation with Barrick

Section:

By Bill Murphy
www.LeMetropoleCafe.com
December 19, 2001

The following documentation and statements were presented
in Reg Howe's lawsuit in U.S. District Court in Boston against
the Bank for International Settlements, Fed Chairman Alan
Greenspan, New York Fed President William J. McDonough,
J.P. Morgan & Co. Inc., Chase Manhattan Corp., Citigroup Inc.,
Goldman Sachs Group Inc., Deutsche Bank AG, and former

ESF admits working with Fed to keep close watch on gold

Section:

By Walter Watson

SYDNEY, Dec 27 (Reuters) -- South Africa's AngloGold Ltd hit back
against Newmont Mining Corp in the battle for Normandy Mining Ltd
on Thursday, boosting its bid by 10 cents cash a share to value the
Australian gold miner at about A$4.1 billion (US$2.1 billion).

However, at the close of Australian trade the offer still valued
Normandy at only A$1.83 a share, compared to Denver-based

Bank of Italy accounts show evidence of gold swap deception

Section:

11p ET Monday, December 17, 2001

Dear Friend of GATA and Gold:

GATA consultant Mike Bolser has discovered that something
big is happening with J.P. Morgan's gold derivatives as
reported to the U.S. Office of the Controller of the
Currency. Mike's analysis is described in a new posting
at Reg Howe's Internet site, here:

http://www.goldensextant.com/Charts.html#anchor161737

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