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Daily Dispatches
New York Times article on gold hedging
Submitted by cpowell on Sun, 1999-12-05 03:00 Section: Daily Dispatches12:05p EST Sunday, December 5, 1999
Dear Friend of GATA and Gold:
Here's Friday's bad news, from Reuters.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
Gold Tumbles to 10-Week Low
Friday, December 3, 1999
By Marius Bosch
LONDON (Reuters) -- Gold prices tumbled on Friday to
2-1/2-month lows, dipping below $280 a troy ounce as
investment funds sold out of long positions, before
How Goldman ruined and savaged Ashanti
Submitted by cpowell on Thu, 1999-12-02 03:00 Section: Daily Dispatches10:20p EST Tuesday, November 29, 1999
Dear Friend of GATA and Gold:
You might be interested in checking out the following
event, to take place Thursday, December 2, at 10 p.m.
Eastern Standard Time in the United States.
Please post this as seems useful.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
a href=http://www.Liveinvestorsforum.comhttp://www.Liveinvestorsforum.com/a
Golden View from The Tower
Submitted by cpowell on Thu, 1999-12-02 03:00 Section: Daily Dispatches2:30p EST Thursday, December 2, 1999
Dear Friend of GATA and Gold:
Here's an important story from today's Financial
Times examining the Ashanti Gold disaster and
particularly the role played by its banker, Goldman
Sachs, which helped put Ashanti in the soup and then
made a bundle bailing the company out, minus a good
deal of its innards. Note the interest ascribed to
the Bank of England and to all parties involved --
Shorts are still in trouble; join our ad campaign
Submitted by cpowell on Thu, 1999-12-02 03:00 Section: Daily Dispatches11p EST Thursday, December 2, 1999
Dear Friend of GATA and Gold:
Here's tonight's quot;Golden View from The Towerquot; at
www.USAGold.com
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
The GOLDEN VIEW from The Tower
www.USAGold.com
December 2, 1999
Traders and analysts are still attributing gold's
present weakness to a lasting sense of disappointment
Was Bank of England bailing out the Fed?
Submitted by cpowell on Thu, 1999-12-02 03:00 Section: Daily Dispatches11:10p EST Thursday, December 2, 1999
Dear Friend of GATA and Gold:
Here's a special quot;Midasquot; commentary by GATA
Chairman Bill Murphy at www.LeMetropoleCafe.com,
wherein he says that the gold shorts are still
very much in trouble and appeals for support
for GATA's forthcoming advertising campaign to
ask the crucial questions about manipulation
of the gold market.
Please post this as seems useful.
Morning commentary at USAGold
Submitted by cpowell on Tue, 1999-11-30 03:00 Section: Daily Dispatches11:35p EST Monday, November 29, 1999
Dear Friend of GATA and Gold:
The best of the day is saved for last. Herewith quot;the
Golden View from The Towerquot; at www.USAGold.com.
The Tower's insight is that today's Bank of England gold
auction established not any weakness for gold but that
the new higher prices are solid. Gold's fans just have
gotten a little spoiled lately, it seems.
Why JCI Gold has never hedged for revenue
Submitted by cpowell on Tue, 1999-11-30 03:00 Section: Daily Dispatches12:30p EST Tuesday, November 30, 1999
Dear Friend of GATA and Gold:
Here's the very interesting morning commentary on
the gold market by Michael Kosares of
www.USAGold.com.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
Morning commentary for November 30, 1999
By Michael Kosares
www.USAGold.com
Gold cantered through the last day of November
attempting to digest the strange goings-on
Live webcast on precious metals
Submitted by cpowell on Tue, 1999-11-30 03:00 Section: Daily Dispatches10p EST Tuesday, November 29, 1999
Dear Friend of GATA and Gold:
Brett Kebble of JCI Gold in South Africa has written
what may be the best policy statement on hedging that
I've seen.
It was published this week at www.moneyweb.co.za and
it follows.
Please post this as seems useful.
CHRIS POWELL, Secretary
Gold Anti-Trust Action Committee Inc.
* * *
WHY WE'VE NEVER HEDGED FOR REVENUE
News isn''t so bad despite poor results at auction
Submitted by cpowell on Mon, 1999-11-29 03:00 Section: Daily Dispatches1:40a EST Sunday, November 28, 1999
Dear Friend of GATA and Gold:
Here are a few short items of possible interest.
* * *
First, a friend of GATA advises me of something that
might have been misleading in my essay the other day
about the financial analyst Steve Kaplan of
www.goldminingoutlook.com.
I remarked that anyone who has been taking Kaplan's
Auction proved that gold''s higher price is solid
Submitted by cpowell on Mon, 1999-11-29 03:00 Section: Daily Dispatches11p EST Monday, November 29, 1999
Dear Friend of GATA and Gold:
I've put together a little news of the day, most of it
related to the Bank of England's latest gold auction.
Of course GATA isn't in the business of disparaging
gold and you probably wouldn't expect us to put gold
down now, even after today's price decline, but maybe
the two most insightful comments of the day that I've
found are bullish.