You are here

Daily Dispatches

Time again for central banks to scare gold buyers

Section: Daily Dispatches

10a ET Saturday, February 14, 2004

Dear Friend of GATA and Gold:

Jim Sinclair posted important commentaries Friday,
particularly quot;Saved by the Weekendquot; and quot;Gold
Market Summary.quot; You can find them here after
scrolling down a little:

a href=http://www.jsmineset.com/http://www.jsmineset.com//a

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

Barrick upholds hedge-cut pledge despite cost

Section: Daily Dispatches

12:42a ET Thursday, Februay 12, 2004

Dear Friend of GATA and Gold:

Here's some great macro analysis by the brilliant
Jim Puplava of FinancialSense.com, an essay titled
quot;Looking for the Next Bubblequot;:

a href=http://www.financialsense.com/Market/archive/2004/0209.htmlhttp://www.fi...

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

Unrealized loss on Barrick''s gold hedging nears $2 billion

Section: Daily Dispatches

By Nicole Mordant
Reuters
a href=http://biz.yahoo.com/rm/040213/minerals_barrick_earns_1.htmlhttp://biz.y...
Friday, February 13, 2004

VANCOUVER, British Columbia -- Barrick Gold Corp. said
Friday it was prepared to lose out on higher gold prices on
a third of its output this year as it lives up to a promise
to wipe out its bulky hedge book.

A campaign to restore sound money in New Hampshire

Section: Daily Dispatches

8:26p ET Friday, February 13, 2004

Dear Friend of GATA and Gold:

MineWeb's Tim Wood has an interesting account of
Barrick Gold's comments today about reductions in
its huge gold hedge book. Here's an especially
interesting excerpt:

quot;The reductions have been insufficient to stave off
ballooning unrealized losses on the hedge book,
though. It stood at a whopping mark-to-market loss

''Looking for the Next Bubble'' by Jim Puplava

Section: Daily Dispatches

Greenspan welcomes weak dollar

By Jennifer Hughes
Financial Times
Wednesday, February 11, 2004
a href=http://news.ft.com/servlet/ContentServer?http://news.ft.com/servlet/Cont...
pagename=FT.com/StoryFT/FullStoryamp;c=StoryFTamp;cid=1075982458615amp;p=101257
1727088

The euro came within a cent of its lifetime highs against
the dollar on Wednesday after Alan Greenspan, chairman

In testimony to Congress, Fed chairman welcomes weaker dollar

Section: Daily Dispatches

1:39a ET Tuesday, February 10, 2004

Dear Friend of GATA and Gold -- and Silver!:

Here's a fun report about the recent Vancouver International
Resource Investment Conference -- and silver -- by David
Bond:

a href=http://www.321gold.com/editorials/bond/bond020904_wsj.htmlhttp://www.321...

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

Globalization destroys local production and only gold can restore it

Section: Daily Dispatches

9:54p ET Monday, February 9, 2004

Dear Friend of GATA and Gold:

MineWeb tonight has two interesting reports about the rush
to develop gold bullion equity funds and the World Gold
Council's problems in getting its own to work.

The first is by Tim Wood and is headlined quot;WGC Pushes on
with US Gold Fund.quot; You can find it here:

a href=http://trinity.mips1.net/MGGold.nsf/UNID/TWOD-5VZNMB?OpenDocumenthttp://...

David Bond''s report on the Vancouver conference -- and silver

Section: Daily Dispatches

12:56a ET Tuesday, February 10, 2004

Dear Friend of GATA and Gold:

Gold-Eagle has posted a fascinating commentary by GATA's
great friend, Hugo Salinas Price, quot;Globalization Dissected,quot;
which shows how economic globalization is destroying
local production in most countries and creating worldwide
imbalances that can only end catastrophically. Salinas
Price argues that only returning gold to its role as the

New Hampshire discusses remonetizing gold and silver for state government

Section: Daily Dispatches

Currency 'Volatility' Worries G-7 Officials;
Finance Chiefs Give Europeans,
Concerned About Dollar's Fall, What They Want

By Paul Blustein
Washington Post
Sunday, February 8, 2004
a href=http://www.washingtonpost.com/wp-dyn/articles/A22504-2004Feb7.htmlhttp:/...

BOCA RATON, Fla., Feb. 7 -- Top economic policymakers
from the world's seven major industrial powers indicated

''Midas'' commentary for February 8 speculates about a squeeze in silver

Section: Daily Dispatches

Bill Urges Use of Gold, Silver as Legal Tender

By Kevin Landrigan
Nashua (New Hampshire) Telegraph
Tuesday, February 3, 2004
a href=http://nsnlb.us.publicus.com/apps/pbcs.dll/article?AID=2004202030362http...

CONCORD -- Promoting the use of gold and silver
by state government would trigger a flood of
investment in New Hampshire, according to

Pages