Daily Dispatches

A dismissive story in SA''s Business Report about Durban conference


12:10p ET Saturday, May 12, 2001

Dear Friend of GATA and Gold:

We're almost hoping that the disbelief and mockery exhibited
in the following story from Canada's Financial Post this week
continue for a while. It will make the reversal in gold all the
more delicious. Getting the press to get off its duff for a
minute and examine the FACTS and the RECORD is hard,but we're
working on it. It's going to happen.

"Huge success" for GATA African Gold Summit


Remarks by GATA Chairman Bill Murphy, introducing
speakers at the GATA African Gold Summit in Durban,
South Africa, on May 10, 2001.

* * *

I thought it might be best to begin our meeting by
explaining to you how the Gold Anti-Trust Action
Committee came into existence and what we are all

I was writing gold market commentary for my financial
web site in the fall of 1998 when I noticed that the

Introduction of speakers at GATA African Gold Summit


Here is the text of GATA Chairman Bill Murphy's address
to the GATA African Gold Summit in Durban, South Africa,
on Thursday, May 10, 2001.

* * *

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.

Two and one half years ago it was clear to me that the
gold market was rigged. I could see that just by the
way the market was trading after the Long Term Capital
Management hedge fund blow up and bail out by New York

Murphy address to GATA African Gold Summit in Durban


Metals stock indexes rally;
gold's technicals attract bank buyers

By Myra P. Saefong
May 9, 2001

NEW YORK (CBS.MW) -- The benchmark indexes for metals-
related stocks rallied to their highest level in nearly
a year Wednesday as gold prices broke above $269 an
ounce for the first time in two months.

Charles Nedoss, a gold analyst at Chicago brokerage
house SpikeTrading.com attributed gold's price rise to

New questions for Fed chairman and treasury secretary


2:23p ET Wednesday, May 9, 2001

Dear Friend of GATA and Gold:

News from GATA Chairman Bill Murphy, safely arrived at the
front, South Africa, for the GATA African Gold Summit tomorrow
in Durban....

1) Murphy was interviewed at length today on the most popular
national radio program in South Africa, the Tim Modise show
on the South African Broadcasting Co. network. This was heard
all over the country and set off an explosion of interest.

CBS MarketWatch story cites GATA''s Durban conference


By Adam Aljewicz
Dow Jones Newswires
May 9, 2001

JOHANNESBURG -- It's around two years since the U.S.-
based Gold Antitrust Action Committee came out and
accused some of Wall Street's finest of conspiring with
the Bank for International Settlements and U.S.
government and Federal Reserve officials to depress the
price of gold.

In those two years GATA has been vilified by market
professionals for peddling harebrained conspiracy

GATA sweeps South Africa on eve of Durban conference


8:38a ET Wednesday, May 9, 2001

Dear Friend of GATA and Gold:

Monday the Financial Times wrote about us, and
today the London Evening Standard did. Both stories
are in the context of the report out of the London
Business School dismissing the impact of derivatives
on the gold market and purporting to "refute" GATA's
complaint. (If only the big papers remembered their
Journalism 101 -- off the opinion page, it's "rebut,"

Dow Jones report prepares for Durban conference


3:43p ET Wednesday, May 9, 2001

Dear Friend of GATA and Gold:

Below are the questions I have put to Fed Chairman Alan Greenspan
and Treasury Secretary Paul O'Neill through Sen. Joseph I.
Lieberman. It would help if others in the United States asked
their congressmen to do the same.

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

* * *

1) What are the "gold swaps" cited in the minutes of the January

Evening Standard reports putdown of GATA


12:19a ET Tuesday, May 8, 2001

Dear Friend of GATA and Gold:

Just imagine the help the gold cause would get if more
American citizens followed the example set by Joseph N.
Tlaga with his open letter to the U.S. Treasury
Department, posted at Gold-Eagle:


CHRIS POWELL, Secretary/Treasurer

A citizen confronts the U.S. Treasury Department on behalf of gold


By Gillian O'Connor
Financial Times
Monday, May 7, 2001

The London Business School has debunked the popular myth of an
international conspiracy to suppress the price of gold.

Fans of gold, notably the US-based Gold Anti-Trust Action Committee
(GATA), believe that at least part of the once-precious metal's price
weakness can be attributed to a conspiracy between the Bank for
International Settlements, top officials at the US Treasury

Syndicate content