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Daily Dispatches
TheMiningWeb.com takes note of Turk''s latest discoveries
Submitted by cpowell on Mon, 2002-01-07 03:00 Section: Daily Dispatches5:54p ET Monday, January 7, 2002
Dear Friend of GATA and Gold:
Here's the CBSMarketWatch.com report about the
Nader-sponsored conference on the Federal Reserve
held at the Washington Press Club today. If you
caught the proceedings on C-SPAN2, you might have
seen GATA Chairman Bill Murphy, who was shown
asking a question of the Washington editor of
Barron's, Jim McTague. Another delightful moment
C-SPAN2 rebroadcasts conference on Fed
Submitted by cpowell on Mon, 2002-01-07 03:00 Section: Daily Dispatches8:40p ET Monday, January 7, 2002
Dear Friend of GATA and Gold:
Tim Wood of TheMiningWeb.com has a wonderful essay
about James Turk's latest discoveries about the U.S.
government's surreptitious intervention in the gold market.
You can find it on TheMiningWeb's cover page here:
a href=http://www.theminingweb.com/http://www.theminingweb.com//a
The headline is: quot;Enron Reflected in Gold Accounts
U.S. accounts reveal $20 billion liability in gold
Submitted by cpowell on Sun, 2002-01-06 03:00 Section: Daily Dispatches12:39p ET Saturday, January 5, 2002
Dear Friend of GATA and Gold:
Ralph Nader's latest newspaper column, appended
here, describes the conference he has called for
Monday in Washington about the work of the Federal
Reserve. GATA Chairman Bill Murphy will attend and
call attention to the Fed's role in surreptitiously
suppressing the gold price.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
What''s AngloGold''s next acquisition target?
Submitted by cpowell on Sat, 2002-01-05 03:00 Section: Daily DispatchesBy Thom Calandra
CBS.MarketWatch.com
Friday, January 4, 2002
a href=http://cbs.marketwatch.com/news/story.asp?guid=%7B3240BD45%2D47C1%http:/...
2D4C42%2DAC5B%2D4C4C355942B7%7Damp;siteid=mktw
SAN FRANCISCO -- Gold sure could use some of the squeeze
that is pushing silver prices to nearly one-year highs.
While gold prices start the new year tamely flirting with $280 an
Federal Reserve must be held accountable
Submitted by cpowell on Sat, 2002-01-05 03:00 Section: Daily DispatchesBy Angus Macmillan
Dow Jones Newswires
JOHANNESBURG, Jan. 3 -- If AngloGold Ltd. is
pipped at the post by Newmont Mining Corp in
its bid for control of Australia's Normandy
Mining Co., it will face a dwindling range of
growth strategies. U.S.-based-Newmont has
raised its bid for Normandy to A$1.93 a share
-- valuing the company at A$4.3 billion --
and eclipsing AngloGold's A$4.1 billion offer
AngloGold says it''s better to lose Normandy than to overpay
Submitted by cpowell on Fri, 2002-01-04 03:00 Section: Daily DispatchesBy Alden Bentley
NEW YORK, Jan 3 (Reuters) -- The purchase of
Australia's Normandy Mining by Newmont Mining after a
four-month bidding war will not be a one-way ticket
higher for gold prices, but should be beneficial for
the downsizing gold industry over the long haul,
experts said.
The takeover looked inevitable Thursday, raising the
specter that Newmont -- formerly North America's No. 1
Will gold rise follow squeeze in silver?
Submitted by cpowell on Fri, 2002-01-04 03:00 Section: Daily DispatchesBy Darren Schuettler
JOHANNESBURG, Jan 4 (Reuters) -- AngloGold Chairman
and CEO Bobby Godsell said on Friday his company's
offer for Australia's Normandy Mining was final and it was
now up to Normandy's shareholders to decide.
However, Godsell told Reuters in an interview that he was
encouraged by the narrowing gap between AngloGold's
offer and a richer bid from U.S. rival Newmont Mining Corp.
Newmont raises Normandy offer; Anglo won''t keep bidding
Submitted by cpowell on Thu, 2002-01-03 03:00 Section: Daily Dispatches'MIDAS' COMMENTARY FOR DECEMBER 27, 2001
By Bill Murphy
www.LeMetropoleCafe.com
December 27, 2001
Gold $277, down $2.10
Silver $4.45, down 9 cents
Thirty-three months after the opening of
www.LeMetropoleCafe.com, the Gold Cartel is still
banging away at the gold price. Back then their quot;Guns
of Navaronequot; began blazing with selling barrages around
$290. Afraid of allowing gold to trade anywhere near
Newmont''s acquisition of Normandy seen putting a floor under gold
Submitted by cpowell on Thu, 2002-01-03 03:00 Section: Daily DispatchesBy Darren Schuettler and Sophie Hares
JOHANNESBURG/SYDNEY, Jan 3 (Reuters) -- Newmont Mining
looked poised to win a takeover battle for Australia's
Normandy Mining with a sweetened bid on Thursday, as
AngloGold Ltd refused to up its latest offer.
U.S.-based Newmont had earlier boosted the cash element
of its offer by 10 Australian cents per share, with the Normandy
board recommending the A$4.3 billion (U.S. $2.2 billion) offer.
AngloGold raises bid for Normandy, cites cooperation with Barrick
Submitted by cpowell on Thu, 2001-12-27 03:00 Section: Daily DispatchesBy Bill Murphy
www.LeMetropoleCafe.com
December 19, 2001
The following documentation and statements were presented
in Reg Howe's lawsuit in U.S. District Court in Boston against
the Bank for International Settlements, Fed Chairman Alan
Greenspan, New York Fed President William J. McDonough,
J.P. Morgan amp; Co. Inc., Chase Manhattan Corp., Citigroup Inc.,
Goldman Sachs Group Inc., Deutsche Bank AG, and former