Daily Dispatches

Back from Gold Rush 21, Embry again tells Canada about gold price manipulation


By Ted Butler
Tuesday, August 23, 2005

The most recent commitment of traders report confirmed expectations
of a continued deterioration in the market structure in COMEX
gold,and a further improvement in the market structure in COMEX
silver. As mentioned here last week, we have the unprecedented
condition of gold holding at historic negative extremes while silver

Philip IV''s money is still good at the bar and everywhere else


By Myra P. Saefong
Wednesday, August 24, 2005


SAN FRANCISCO -- Gold futures lost more than $2 but closed above a
two-week low Wednesday as traders took the market's temperature and

Fearing credit derivative defaults, Fed summons the money conjurers


9p ET Wednesday, August 24, 2005

Dear Friend of GATA and Gold:

Mike Hartman's nightly commentary at FinancialSense.com
remarks on the obviousness of government intervention in
the gold market. You can find it here:


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

Greenspan didn''t want to regulate derivatives when they capped gold ...


10:07p ET Wednesday, August 24, 2005

Dear Friend of GATA and Gold:

Another point should have been made in regard
to the Reuters story, just dispatched to you,
about the recovery of treasure from the Spanish
galleon Atocha, which sunk off the Florida Keys
in 1622.

Note that while the U.S. government claimed the
treasure after Mel Fisher and his colleagues had
done the years-long and dangerous work of

Brien Lundin, Peter Grandich, and GATA all in one CBSMarketWatch story


12:08p ET Wednesday, August 23, 2005

Dear Friend of GATA and Gold:

Having returned to Toronto from his appearance
at GATA's Gold Rush 21 conference in Dawson
City, Yukon, Sprott Asset Management
President John Embry has continued to spread
the word of manipulation of the gold price. On
Tuesday he again went on Report On Business
Television in Canada for more than an hour and
again was allowed to speak his mind.

Mike Hartman: Government intervention against gold is obvious


8:30p ET Wednesday, August 24, 2005

Dear Friend of GATA and Gold:

A few notes about the wonderful Reuters story appended

* They're not diving into the deep and risking their
lives for U.S. Treasury bonds or Federal Reserve notes.

* The imperial regime of Philip IV of Spain is long gone
but the money he coined is still more than good at the
bar and everywhere else.

* Spanish royal regulations against smuggling didn't

Don''t be demoralized by Treasury statement; instead, protect your gold


Treasury Department Claims Power to Seize
Gold, Silver -- and Everything Else, GATA Says

GATA Press Release via Business Wire
Monday August 22, 2005


The U.S. Government has the authority to prohibit the private
possession of gold and silver coin and bullion by U.S. citizens
during wartime, and, during wartime and declared emergencies, to

Ted Butler: Demonizing the COTs


By Michael Kosares
Centennial Precious Metals, Denver
Monday, August 22, 2005

That the government retains the power to confiscate gold has been
well-known to clients of this firm for some time. Gold ownership in
the United States is a privilege, not a right, and as distasteful as
that might seem, confiscation is a potential reality, like it or
not, so all prudent gold owners should incorporate into their

GATA issues worldwide press release on Treasury Dept. correspondence


By Peter Brimelow
Monday, August 22, 2005


NEW YORK -- Gold bulls were snorting with rage and grinding their
teeth at the end of last week.

Record prices for oil and copper, unexpectedly high inflation

Peter Brimelow: Suspicions of gold market rigging grow


1:36p ET Sunday, August 21, 2005

Dear Friend of GATA and Gold:

America's biggest and most sensational hard
assets-oriented financial conference, the New
Orleans Investment Conference, is coming up
again, and GATA and its supporters will have
a big part in it.

The conference will be held Sunday, October 30,
through Thursday, November 3, at the New
Orleans Marriott Hotel, and its speakers will

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