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Daily Dispatches
MineWeb analyzes mining company valuations as share prices soar
Submitted by cpowell on Thu, 2003-08-28 03:00 Section: Daily Dispatches9:45p ET Wednesday, August 27, 2003
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's quot;Midasquot; commentaries at
www.LeMetropoleCafe.com have been shouting for weeks
that the physical gold market is overcoming the paper
market. Below is an unusually detailed dispatch tonight
from OsterDowJones that gets a bullion bank official to
acknowledge as much.
CHRIS POWELL, Secretary/Treasurer
Another respectable financial analyst wonders out loud if Fed suppresses gold
Submitted by cpowell on Thu, 2003-08-28 03:00 Section: Daily Dispatches12:14a ET Thursday, August 28, 2003
Dear Friend of GATA and Gold:
MineWeb has posted an important analysis of mining
company valuations by Tim Wood. It may be a good
tonic against Wednesday's giddiness. You can find
it here:
a href=http://www.mips1.net/MGGold.nsf/UNID/TWOD-5QU3VW?OpenDocumenthttp://www....
Or just go to MineWeb's home page, where the
A transcript of a secret meeting of the International Monetary Fund -- er, Fraud
Submitted by cpowell on Thu, 2003-08-28 03:00 Section: Daily Dispatches1:13a ET Thursday, August 28, 2003
Dear Friend of GATA and Gold:
Peter Brimelow's commentary this morning at CBSMarketWatch,
appended in its entirety, is especially wonderful for indicating
that newsletter editor Richard Band has joined those wondering
out loud whether the Federal Reserve has been trying to suppress
the gold price.
Enjoy the secret knowledge of the gold cult while it remains a
What could the Fed and the Treasury possibly have against gold?
Submitted by cpowell on Thu, 2003-08-28 03:00 Section: Daily Dispatches10:18p ET Thursday, August 28, 2003
Dear Friend of GATA and Gold:
GATA's friend Robert K. Landis has provided an account
of a recent secret meeting of the International Monetary
Fund -- or was that International Monetary Fraud? The
account's technical accuracy may be arguable, but its
metaphorical accuracy is beyond dispute. You can find
it at Reg Howe's Golden Sextant Internet site here:
IMF draft report expects more depreciation of U.S. dollar
Submitted by cpowell on Wed, 2003-08-27 03:00 Section: Daily DispatchesBy Alden Bentley
a href=http://www.reuters.com/newsArticle.jhtml?type=topNewsamp;storyID=3339143...
NEW YORK, Aug. 26 (Reuters) -- The once frothy gold
options market is drying up as mining companies
comply with new hedge accounting rules and try to
retain the confidence of investors still infuriated by the
gold derivatives debacle four years ago.
Central banks don''t have the gold anymore, Sprott''s Embry tells Investor Canada
Submitted by cpowell on Wed, 2003-08-27 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rf/030827/imf_draft_dollar_1.htmlhttp://biz.yahoo.c...
MILAN, Aug. 27 (Reuters) -- The International Monetary
Fund sees further potential for a depreciation of the
U.S. dollar due to the high U.S. current account deficit,
according to a draft IMF report obtained by Reuters.
quot;The IMF sees further potential for a depreciation of
Gold is boomeranging on George, Greenspan, and the other central bankers
Submitted by cpowell on Wed, 2003-08-27 03:00 Section: Daily Dispatches8:42p ET Wednesday, August 27, 2003
Dear Friend of GATA and Gold:
John Embry, president of Sprott Asset Management
in Toronto, today gave an interview to Investor
Canada and again publicized the essence of GATA's
findings about the gold market. The interview is
appended.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
INVESTOR CANADA INTERVIEWS JOHN EMBRY,
Gold breaks through resistance; funds said to be ''monster buyers''
Submitted by cpowell on Wed, 2003-08-27 03:00 Section: Daily DispatchesBy Sean Corrigan
a href=http://www.capital-insight.comhttp://www.capital-insight.com/a
sean@capitalinsight.co.uk
Wednesday, August 27, 2003
Though vehemently denied by all and sundry in officialdom,
there are many in financial markets who will tell you that the
decision taken suddenly in 1999 by Culpability Brown, with
the endorsement of Sir Eddie the Unready George to dump
roughly 400 tonnes of Britain's precious reserves of gold at
Two essays to enjoy the gold and silver breakout by
Submitted by cpowell on Wed, 2003-08-27 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rf/030827/markets_precious_comex_2.http://biz.yahoo...
NEW YORK, Aug. 27 (Reuters) -- New York gold surged
to a three-month high Wednesday, snapping a summer
downtrend and catapulting silver and platinum to new
peaks as buyers swarmed out of the woodwork.
Mining shares soared and commodity funds lined up to buy
gold futures at the COMEX division of the New York
Gold''s physical market is overcoming the paper market
Submitted by cpowell on Wed, 2003-08-27 03:00 Section: Daily Dispatches9:20p ET Wednesday, August 27, 2003
Dear Friend of GATA and Gold:
Worth reading tonight as you enjoy today's breakout
of gold and silver prices....
Jim Sinclair's quot;Gold Market Summaryquot; for Wednesday,
at this hour the second item on his Internet site's
home page:
a href=http://www.jsmineset.com/s/Home.asphttp://www.jsmineset.com/s/Home.asp/a
And trader Rick Ackerman again talks openly about
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