You are here
Daily Dispatches
Excerpts from ''Midas'' commentary at www.LeMetropoleCafe.com
Submitted by cpowell on Fri, 2003-01-03 03:00 Section: Daily Dispatches7:34p ET Friday, January 3, 2003
Dear Friend of GATA and Gold:
As you can see from the Reuters story appended
here, Morgan Chase stomped around a little more
today supposedly in pursuit of that nasty quot;rumorquot;
that the bank has some connection to the gold
business. Morgan continues to ask the U.S.
Securities and Exchange Commission to investigate
the quot;rumor,quot; as if its origin was something other
Morgan settles Enron case with insurers
Submitted by cpowell on Thu, 2003-01-02 03:00 Section: Daily Dispatches7:23p ET Tuesday, December 24, 2002
Dear Friend of GATA and Gold:
Check Gold-Eagle for a heartfelt and moving essay
by our friend who long has posted on the gold
bulletin boards under the name Farfel. It is titled
quot;Soothed by Golden Voices in the Darkness of My
Night,quot; and it resonates strongly with those of us
at GATA who long have felt as if we live on
another planet or in a parallel universe, given the
J.P. Morgan says it will take $1.3 billion in charges
Submitted by cpowell on Thu, 2003-01-02 03:00 Section: Daily DispatchesJP MORGAN CHASE PRESS RELEASE
JPMorgan Chase announces settlement
of surety case with 10 out of 11 insurers
Thursday January 2, 2003
NEW YORK(BUSINESS WIRE)--J.P. Morgan Chase amp; Co.
announced today that it has settled its dispute with 10 of
the 11 insurance companies regarding the surety contracts
issued by those companies that guaranteed obligations of
Enron Corp. to JPMorgan Chase under prepaid commodity
Recommended reading at Gold-Eagle
Submitted by cpowell on Thu, 2003-01-02 03:00 Section: Daily DispatchesJ.P. Morgan says it will take $1.3 billion in charges
a href=http://biz.yahoo.com/rc/030102/financial_jpmorgan_outlook_1.htmlhttp://b...
NEW YORK, Jan. 2 (Reuters) -- J.P. Morgan Chase amp; Co.
said on Thursday it would take about $1.3 billion pretax in
charges for litigation related to Enron Corp. and the global
research settlement announced late last month.
The loneliness of the parallel universe
Submitted by cpowell on Tue, 2002-12-24 03:00 Section: Daily Dispatches4:58p ET Monday, December 23, 2002
Dear Friend of GATA and Gold:
Our friend Dr. Richard S. Appel, publisher of the
excellent Financial Insights newsletter, has an
essay at Kitco arguing that the fates of gold, silver,
and the dollar have been sealed by the recent
anti-deflation comments of Federal Reserve officials.
Here is one more close observer of the Fed who has
concluded that a big change in policy is under way.
Sinclair explains why U.S. government will want a higher gold price
Submitted by cpowell on Mon, 2002-12-23 03:00 Section: Daily DispatchesGold hedge fever
Hedging gold price risk may allow a producer
to make greater profits, and may depress the
price of gold in the process. Is that any
reason to sue?
By Martin Murenbeeld
National Post, Canada
Friday, December 20, 2002
a href=http://www.nationalpost.com/financialpost/story.html?id=http://www.natio...
7FFA-4454-9D37-89EB65881EFD
Morgan e-mails citing ''disguised loans'' are admitted as evidence
Submitted by cpowell on Mon, 2002-12-23 03:00 Section: Daily Dispatches3:13p ET Monday, December 23, 2002
Dear Friend of GATA and Gold:
Our friend James Sinclair, chairman of Tan Range
Exploration, has written an important new essay
explaining how a higher gold price is likely to become
United States government policy for rescuing the
dollar. You can find it here:
a href=http://www.tanrange.com/s/ChairmansCorner.asp?ReportID=45898http://www.t...
Fates of gold, silver, and the dollar are sealed, analyst says
Submitted by cpowell on Mon, 2002-12-23 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rc/021223/financial_jpmorgan_trial_1.htmlhttp://biz...
NEW YORK, Dec. 23 (Reuters) -- A group of insurers won a small
victory against J.P. Morgan Chase on Monday when a judge ruled
that internal e-mails written by a senior member of the bank's
staff referring to quot;disguised loansquot; could be used as evidence
Blanchard lawsuit''s critics couldn''t care less about the truth
Submitted by cpowell on Fri, 2002-12-20 03:00 Section: Daily Dispatches7:41p ET Thursday, December 19, 2002
Dear Friend of GATA and Gold:
Chris Temple, editor and publisher of The National
Investor (www.NationalInvestor.com), has some
great commentary on the gold price and the
Blanchard lawsuit against Barrick and Morgan,
posted at Kitco, here:
a href=http://www.kitco.com/ind/Temple/dec192002.htmlhttp://www.kitco.com/ind/T...
CHRIS POWELL, Secretary/Treasurer
These Wall Street houses were rigging everything EXCEPT gold, right?
Submitted by cpowell on Fri, 2002-12-20 03:00 Section: Daily Dispatches11:55p ET Thursday, December 19, 2002
Dear Friend of GATA and Gold:
Blanchard amp; Co.'s anti-trust lawsuit against
Barrick Gold and J.P. Morgan Chase is drawing
the usual sneers from the usual quarters.
Some of them were dispatched to you tonight,
particularly two items from the Toronto Globe
and Mail, Mathew Ingram's column and the news
story quoting MineWeb's Tim Wood and Martin
Murenbeeld of M. Murenbeeld amp; Associates Inc.