Daily Dispatches

Bill Murphy: Gold cartel has lost control


5:55p ET Sunday, December 11, 2005

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA, argues in
new analysis posted at the GoldMoney Internet site that
gold's bull market is just beginning.

He concludes: "Fundamental analysis indicates that gold
is undervalued. Technical analysis indicates that gold is

James Turk: Fundamental and technical analysis are on gold''s side


12:48p ET Saturday, December 10, 2005

Dear Friend of GATA and Gold:

The following essay by Michael Kosares, proprietor of
Centennial Precious Metals in Denver, is adapted from
his comments posted today at the firm's invaluable
Internet site discussion group, the USAGold Forum.

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

* * *

By Michael Kosares
Centennial Precious Metals, Denver

Financial Times indicates big changes in London''s gold thinking


Lustrous Gold Outshines the Big Currencies

By John Dizard
Financial Times, London
Friday, December 9, 2005


The dramatic rise in the gold price over the past two weeks caught
even the gold bulls by surprise. Many in the slowly growing ranks of

John Dizard in the Financial Times: Gold knows that all those debts are no good


By Kevin Morrison
Financial Times, London
Wednesday, December 7, 2005


Gold rose to a 24-year high on Wednesday, touching $516.50 a troy
ounce on Japanese private investor buying as well as benefiting from
the flow of investment funds into commodities markets, which has
pushed many metal prices to record peaks.

Paul Merrick, vice president commodities at RBC Capital, said the

Peter Grandich keeps getting quoted nailing gold shorts


12:41a ET Thursday, December 8, 2005

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's "Midas" commentary for
Wednesday, December 7, at LeMetropoleCafe.com,
"Battered at Waterloo, Stunned Gold Cartel Stares
at Pearl Harbor," has been posted in the clear at
GoldSeek here:


Murphy''s ''Midas'' commentary posted in the clear at GoldSeek


11p ET Wednesday, December 7, 2005

Dear Friend of GATA and Gold:

Dimitri Speck, perhaps the first to document
statistically the use of the New York Comex
market to suppress the price of gold through
the use of futures contracts, addressed the
International Precious Metals and Commodities
Fair in Munich last month. He read his study,
"Price Anomalies in the Gold Market," and it

Financial Times notes ''significant buyer'' of gold, maybe a central bank


Gold Climbs Near 23-Year High;
Silver Nears $9; Amex Gold Bugs Index at a Record

By Myra P. Saefong
Wednesday, December 7, 2005


SAN FRANCISCO -- Gold futures climbed near their highest level in 23
years Wednesday and silver prices closed at a level not seen since

Internet site supporting silver ETF was hacked but is working again


9:33p ET Wednesday, December 7, 2005

Dear Friend of GATA and Gold:

Moneyweb's Alec Hogg yesterday interviewed Peter
Grandich of The Grandich Letter and got this

"The vast majority of investors and media are
either unaware or unwilling to accept the belief
that a group(s) has been heavily shorting and/or
capping gold for several years."

Hogg added that Grandich "reckons market forces

Dimitri Speck shows that the Comex is where the gold suppressors live


10:10p ET Wednesday, December 7, 2005

Dear Friend of GATA and Gold:

Report on Business Television in Canada has invited
GATA Chairman Bill Murphy to appear for an interview
of about eight minutes at 11:42 a.m. ET Friday,
December 16. While the interview will be seen live
only in Canada, ROB-TV puts its programs on its
Internet site for a week, so the interview quickly
will be accessible around the world.

Market is starting to defeat gold''s manipulators, Peter Grandich says


8:35p ET Tuesday, December 6, 2005

Dear Friend of GATA and Gold:

We're hopeful that the video of GATA's Gold
Rush 21 conference, which was held last August
in Dawson City, Yukon, will be ready in time for
a showing at the Vancouver Resource Investment
Conference, which is scheduled for Sunday and
Monday, January 22 and 23, 2006, at the
Vancouver Convention and Exhibition Centre.

Joe Martin of Cambridge House, sponsor of the

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