Daily Dispatches

Vital analysis of impending gold, silver booms

Section:

7:55p EDT Sunday, October 3, 1999

Dear Friend of GATA and Gold:

From this further dispatch from the Karachi newspaper
Dawn, it seems that the suspension of the gold market
there is due to the bankruptcy of the forward sellers
and that they are looking to be bailed out. My guess is
that they called the Federal Reserve in Washington but
Alan Greenspan was already on the phone, arranging a

SF Chronicle smashes gold-carry trade

Section:

12:30a EDT Monday, October 4, 1999

Dear Friend of GATA and Gold:

GATA Chairman Bill "Midas" 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

Forbes notes leverage in gold stocks

Section:

Noon 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

Long-Term Capital Management seen closing

Section:

1:50a Saturday, October 2, 1999

Dear Friend of GATA and Gold:

Here's Friday night's "Midas" 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

A squeeze to please, seen from Australia

Section:

10:40p 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

Today Karachi, tomorrow the world

Section:

11:50p EDT Friday, October 1, 1999

Dear Friend of GATA and Gold:

Here's tonight's "Golden View from The Tower"
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:

BOOM! Gold shorts start to default

Section:

1:35a 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

A mining company president''s compliment

Section:

9:15p 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

Evidence grows that squeeze is only starting

Section:

11:30p 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.

* * *

Manipulation of gold now taken for granted

Section:

1:40a 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

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