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War, terrorism, and gold: ''Midas'' commentary for Sept. 15, 2001
Submitted by cpowell on Sun, 2001-09-16 03:00 Section: Daily Dispatchesquot;Midasquot; commentary for September 15, 2001
Copyright 2001, www.LeMetropoleCafe.com
By Bill Murphy
www.LeMetropoleCafe.com
September 15, 2001
Gold $286 up $6
Silver $4.26 up nine cents
The agony for all Americans is overwhelming. For that
matter, it has to be agonizing for the entire world --
excluding the subhumans who carried out the plane
bombing monstrosities.
Even to comment about markets seems so trivial, but as
Be lightning for the land we love
Submitted by cpowell on Fri, 2001-09-14 03:00 Section: Daily DispatchesBy Bill Murphy
www.LeMetropoleCafe.com
September 6, 2001
Gold $272.90 up $1.10
Silver $4.16
Early this morning I returned from my third trip to
Washington in behalf of GATA during the past three
years. The first two first visits were most inspiring
and filled with excitement/expectations of correcting
the terrible wrong that the GATA camp had uncovered
regarding the gold market.
Internet trading sends gold futures to nearly $293
Submitted by cpowell on Fri, 2001-09-14 03:00 Section: Daily Dispatches1:09a ET Friday, September 14, 2001
Dear Friend of GATA and Gold:
It's probably time to make contact with you after this
week's horrific events in the United States, lest
anyone get the misimpression that GATA's officers and
consultants were too close to them. Thankfully, we
weren't. God help those who were.
We are Americans first, gold and anti-trust bugs
second, and commenting about the impact of these events
Financial Post begins to take an interest in gold
Submitted by cpowell on Fri, 2001-09-14 03:00 Section: Daily DispatchesBy Myra P. Saefong
www.CBS.MarketWatch.com
September 14, 2001
NEW YORK -- December gold prices jumped as high as $300
an ounce in Access trading at the New York Mercantile
Exchanged Friday, following a more than $4 an ounce climb
in spot gold prices. Traders bought into the commodity as a
hedge against the uncertainty over the economic effects of
Tuesday's terrorist attacks in the U.S.
The Economist cites GATA''s gold price suppression claims
Submitted by cpowell on Fri, 2001-09-14 03:00 Section: Daily DispatchesIs this gold rally for real?
Gold bugs have often been burned
By Jonathan Chevreau
Financial Post, Canada
www.NationalPost.com
September 14, 2001
Gold bugs must feel a bit like Charlie Brown in the long-running
scene where Lucy keeps grabbing the football just as he's
about to kick it. Gold is always poised to explode once it gets
past US$300, we're told. Then, wham, Lucy grabs the ball and
Back from another trip to Washington: The gold story is going to break
Submitted by cpowell on Thu, 2001-09-06 03:00 Section: Daily DispatchesFrom Business Report, South Africa
www.BusinessReport.co.za
September 5, 2001
Johannesburg -- South African gold producer AngloGold
is to become the world's first truly global gold company
when it takes control of Normandy, Australia's largest
gold producer.
In a statement Wednesday, Anglogold said it would
offer Normandy shareholders 2.15 AngloGold shares
for every 100 Normandy shares.
AngloGold goes global with Normandy acquisition
Submitted by cpowell on Wed, 2001-09-05 03:00 Section: Daily DispatchesBy Dudley White
Bloomberg News
September 5, 2001
Johannesburg (Bloomberg) -- AngloGold Ltd. shares were
suspended in Australia amid speculation the world's
largest gold miner may bid for Normandy Mining Ltd.
Shares in Normandy, Australia's biggest gold producer,
were also suspended.
Analysts have speculated Johannesburg-based AngloGold
held talks last year with Normandy, which has a market
AngloGold seen bidding for Normandy; trading suspended
Submitted by cpowell on Tue, 2001-09-04 03:00 Section: Daily DispatchesBy James Turk
August 31, 2001
Copyright 2001 by The Freemarket Gold amp; Money Report
I've been waiting for it to happen, and now the war of
words has finally begun. The Bank for International
Settlements today fired the first shot.
As reported in today's Financial Times, Giacomo
Panizzutti, head of foreign exchange and gold at the
Bank for International Settlements, was quoted as
saying that he estimated total gold loans to be 5,200
Where is gold''s Patton? A reply to Tim Wood of www.TheMiningWeb.com
Submitted by cpowell on Sat, 2001-09-01 03:00 Section: Daily Dispatches10:22p ET Friday, August 31, 2001
Dear Friend of GATA and Gold:
There's another interesting essay tonight by Tim Wood
of The Mining Web. Here's an excerpt:
quot;The recipe to break the gold carry trade has been laid out
explicitly by Mister Gold, Jim Sinclair. GATA has written
its formula, fund managers and bullion dealers acknowledge
how thin the market is and so susceptible to a confident
The BIS shoots back but leaves lots of stuff out
Submitted by cpowell on Sat, 2001-09-01 03:00 Section: Daily DispatchesSeptember 1, 2001
Tim Wood
www.TheMiningWeb.com
Dear Tim:
This may be of some interest as a response to your
latest essay at www.TheMiningWeb.com, quot;Gold bulls
surrender Labor Day opportunity,quot; which shows much
insight.
Around 1994 Jimmy DePiazza, Phibro's trader in
Connecticut, figured out a way to corner the silver
market. Phibro had been taken over by Salomon Brothers,
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