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Daily Dispatches

Bailing out Long-Term Capital Management: part of the Greenspan put?

Section: Daily Dispatches

9:20p ET Thursday, April 29, 2004

Dear Friend of GATA and Gold:

A great conference seems to be shaping up for Thursday
and Friday, May 13 and 14, at the American Institute
for Economic Research in Great Barrington, Mass., up
in the beautiful Berkshires just south of Stockbridge
and the Massachusetts Turnpike, 35 miles west of
Springfield and 40 miles southeast of Albany.

The topic is "An Exploration of the Process of the

Only the Lonely: A tribute to Ted Butler

Section: Daily Dispatches

11:12p ET Thursday, April 29, 2004

Dear Friend of GATA and Gold:

Market analyst and gold fan John Brimelow has studied
transcripts of the Federal Reserve's Open Market
Committee's meeting about the collapse of Long-Term
Capital Management and has concluded that the Fed's
intervention was probably one more function of the
fabled "Greenspan put," the erasure of responsibility
for U.S. financial powerhouses. Brimelow's essay

Committee for Monetary Research & Education focuses on gold at May 27 meeting

Section: Daily Dispatches

Las Vegas Sun
Tuesday, April 27, 2004

http://www.lasvegassun.com/sunbin/stories/nevada/2004/apr/27/042710026
.html

RENO, Nev. (AP) -- Nevada mines produced 7.3 million
ounces of gold in 2003, a decrease of about 5 percent
from the previous year, the state Division of Minerals
reported.

But the agency said the calculated value of that gold

Recommended reading after a crushing day for gold and silver

Section: Daily Dispatches

11:59p ET Tuesday, April 27, 2004

Dear Friend of GATA and Gold:

The spring dinner meeting of the Committee for Monetary
Research and Education, to be held in New York City on
Thursday, May 27, will have a special focus on gold. For
example, Tocqueville Gold Fund manager John Hathaway
will be among the speakers.

But precious metals fans who have begun to suspect that
they have stumbled over the secret knowledge of the

Steadying advice from Newmont President Pierre Lassonde

Section: Daily Dispatches

10:09p ET Wednesday, April 28, 2004

Dear Friend of GATA and Gold:

Worth reading tonight:

* "Man the Lifeboats" by Jim Puplava at FinancialSense.com:

http://www.financialsense.com/editorials/fso/042804.html

* Also at FinancialSense.com, Mike Hartman's "Market
Wrapup," whose conclusion has some comments on silver:

Ted Butler: It''s unlikely that the dealer wolf pack wants to short silver again

Section: Daily Dispatches

9:14p ET Monday, April 26, 2004

Dear Friend of GATA and Gold:

A federal judge has reversed the jury verdict against
Tyson Fresh Meats in the anti-trust case about which
GATA advised you on February 17:

http://groups.yahoo.com/group/gata/message/1899

A report about the judge's action is appended.

The case continues on appeal and still could end up

Nevada''s gold production down 5 percent, silver production down 24 percent

Section: Daily Dispatches

By Ted Butler
April 27, 2004

Like a guillotine, the commercial dealers beheaded the
tech fund longs in COMEX gold and silver over the past
week and a half. It was the tightly disciplined wolf pack's
finest moment, thereby making it the free market's worst.
Make no mistake -- there is a war for money and financial
survival in the metals that includes both yours and the
manipulators'. They won a key battle but in winning that

Norilsk wants to acquire the rest of Gold Fields

Section: Daily Dispatches

By Choy Leng Yeong
Bloomberg News Service
Sunday, April 25, 2004

http://www.bloomberg.com/news/markets/commodities.html

Gold may rise this week, ending four straight weekly
declines, on speculation the Federal Reserve will limit
any interest-rate increases this year, a Bloomberg
survey shows.

Twenty-one of 35 traders, investors, and strategists

Bill Fleckenstein: Interest rates won''t rise until it''s too late

Section: Daily Dispatches

By John Helmer and John Fraser
Business Day, South Africa
Monday, April 26, 2004

http://www.bday.co.za/bday/content/direct/1,3523,1601500-6078-
0,00.html

Russia's Norilsk Nickel, which recently bought a 20
percent stake in Gold Fields for 7.6 billion rand, has
signalled its desire to take over the South African

Sprott sticks with gold and has added positions in silver

Section: Daily Dispatches

By Bill Fleckenstein
Monday, April 26, 2004

http://moneycentral.msn.com/content/p78281.asp

On Day 1 of Alan Greenspan's congressional testimony
last Tuesday, nearly every market was roiled dramatically
by the perception that the Fed might raise rates at some
point. Though the "away-from-stocks" markets continued
their slide on Day 2, Equity Land exhaled at the chairman's

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