You are here

Daily Dispatches

Other big miners plot dismemberment of Placer Dome

Section: Daily Dispatches

Financials weak, Morgan Chase weakest

By Greg Morcroft
CBS.MarketWatch.com
Thursday, November 7, 2002

www.marketwatch.com/news/yhoo/story.asp?source=blq/yhooamp;siteid=yh
ooamp;dist=yhooamp;guid=%7B7A62450C%2D1234%2D47BE%2DBCBE%2D282D053C3007%7D

NEW YORK -- J.P. Morgan Chase shares came under selling
pressure Thursday, despite a denial by the nation's second-largest
bank that it had suffered large losses on gold derivatives.

MineWeb reports on Russell''s pro-gold views at New Orleans Investment Conference

Section: Daily Dispatches

By JACQUIE MCNISH AND WENDY STUECK
Globe amp; Mail, Toronto
Friday, November 8, 2002
a href=http://www.globeandmail.comhttp://www.globeandmail.com/a

TORONTO and VANCOUVER -- Placer Dome Inc. shares have
been caught up in a torrent of trading as major mining players
mull possible takeover scenarios.

Industry sources said a number of foreign and domestic mining
companies have privately expressed interest in acquiring some

Gold Fields denies interest in acquiring Placer Dome

Section: Daily Dispatches

8:09 CT Friday, November 8, 2002

Dear Friend of GATA and Gold:

Tim Wood of MineWeb reports on investment adviser
Richard Russell's gold-bullish comments at the New
Orleans Investment Conference. You can find the
story here:

a href=http://www.mips1.net/mgno.nsf/Current/85256C67003B8C9C42256C6A006987F4ht...
?OpenDocument

No paper is good paper these days, even in money-market funds

Section: Daily Dispatches

By Sue Thomas

JOHANNESBURG, Nov 8. (Reuters) -- South Africa's second-largest
gold producer Gold Fields on Friday denied market talk that it is
about to make a bid for Canadian peer Placer Dome Inc, but its
share price still fell on investor concerns.

quot;It's a vicious rumour and there is no substance to it,quot; Gold Fields
spokesman Willie Jacobsz told Reuters.

Gold Fields' share price tumbled 8 percent to a late-session low of

Canada''s National Post joins the questioning about Morgan''s gold exposure

Section: Daily Dispatches

11:16a CT Friday, November 8, 2002

Dear Friend of GATA and Gold:

The most brilliant analysis of the week may belong to
Michael Kosares of Centennial Precious Metals in
Denver, proprietor of www.USAGold.com, who seems
to have tossed off the commentary below as a casual
aside on his Internet site's forum. If you read only
one thing on the markets this week, read this.

CHRIS POWELL, Secretary/Treasurer

Morgan loses bid for summary judgment in Enron bond case

Section: Daily Dispatches

Goldman, JPM face 'laddering' action;
SEC cracking down on IPO practice

By Steve Gelsi
CBS.MarketWatch.com
Wednesday, Nov. 6, 2002

NEW YORK -- The Securities and Exchange Commission
notified Goldman Sachs Group and JP Morgan Chase
that it recommended filing civil securities-fraud and
market-manipulation charges against the firms for
directing shares of initial public offerings to clients

Advice from strategists who don''t trust the market

Section: Daily Dispatches

By Colleen DeBaise
Wednesday, November 6, 2002

NEW YORK (Dow Jones) -- A federal judge denied J.P. Morgan
amp; Co.'s request for summary judgment in its dispute with
insurers over nearly $1 billion in surety bonds on Enron Corp.
oil and gas contracts.

The ruling, handed down Wednesday by U.S. District Judge
Jed S. Rakoff in Manhattan, clears the way for the case to go
to trial Dec. 2.

Wall Street senses funny business with gold

Section: Daily Dispatches

Strategists counter market optimists
They advise watching yields, gold, Brazil, and banks

By Thom Calandra
CBS.MarketWatch.com
November 6, 2002

quot;If you don't know who you are,quot; Wall Street author and
trader George Goodman once said, quot;the stock market is
an expensive place to find out.quot;

Not everyone has an identity crisis. Some strategists,
fund managers and investors know exactly who they are

CBSMarketWatch''s Thom Calandra reports from New Orleans Investment Conference

Section: Daily Dispatches

10:14a ET Thursday, November 7, 2002

Dear Friend of GATA and Gold:

Just moments before Reuters dispatched the
story below, a Dow Jones reporter reached
GATA Chairman Bill Murphy here at the New
Orleans Investment Conference to ask about
rumors that trucks of gold had been seen
speeding from the New York Fed to the
vaults of J.P. Morgan Chase. The rumor
can be only a metaphor, of course --

GATA chairman quoted in CBS.MW story about Morgan Chase weakness

Section: Daily Dispatches

By Thom Calandra, Editor
CBS.MarketWatch.com
Thursday, November 7, 2002

a href=http://cbs.marketwatch.com/news/story.asp?http://cbs.marketwatch.com/new...
column=Thom#43;Calandra's#43;StockWatchamp;dist=nwtwatchamp;siteid=mktw

NEW ORLEANS -- The skeptics just don't buy it.

Contrarians -- the folks who refuse to believe the American
economy can stage a lasting rebound this year or next --

Pages