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To: Ahda who wrote (79827)12/7/2001 8:53:53 PM
From: d:oug  Respond to of 116752
 
Darleen,

Let me take your "... not sure what the verdict is yet."
out of context and ask you if your handle on unemployment
and credit card debt, of which you have seemed in the past
to focus on, has any URL(s) that is more real-time as in the
last week numbers for the United States.

That one i supplied is a month old and as you mentioned that
the situation each day now seems to have data presented by
those on the CNBC(s) telling us of a recovery in the making,
while the Gata Bill Cafe states the opposite.

Rather than trust words, let the population of the usa tell us
whats happening based on employment and debt health or not.

d:oug



To: Ahda who wrote (79827)12/7/2001 9:31:21 PM
From: d:oug  Read Replies (1) | Respond to of 116752
 
Time Running Out to Save Company's Hedging gone Bad :o)

or
for every winner there must be a loser
or
to take a loser in the state of being to face the music
and prevent that lost to the one who gambled and lost
requires another to take that lost away
and ineffect using the rule of law as a force
like a gun pointed at you by a thief
you who is innocent and not involved in the gamble
will have part of your wealth removed
so that the initial party who gambled with hedging and lost
will have not their, but your money used to pay-up
unlike the stock markets, like Dow & Nasdaq
where there is a buyer for each seller
and vice versa
the Gata Bill Cafe article of long ago
by that man of name that starts with V
wrote where markets were not totally manipulated
that there will come a time where the Tulips
come home to roost
or cross the road
or there are no buyers
meaning those who want to sell
can not
but here we have hedging gone bad
and their hedges are for sale
not at a fire sale
but full value as if not bad
forced onto the public
to pay-up and lose
forced buyers created out of the public
using laws of corruption and criminal intent
like now spoken of here in this Gata Bill message.

Subj: U.S. Derivatives Dealers Fret as Bankruptcy Overhaul Bill Lags
Date: 12/7/01
From: LePatron@LeMetropoleCafe.com
To: PlutoDoug@aol.com

Le Metropole Members,

Served at The Kiki Table:

"U.S. Derivatives Dealers Fret as Bankruptcy Overhaul Bill Lags"

By Bob Gravely

Washington, Dec. 7 (Bloomberg) -- "J.P. Morgan Chase & Co.,
Merrill Lynch & Co., Inc. and other securities firms are trying
to persuade Congress that failure to change bankruptcy rules
by year's end will disrupt the market for the products companies
use to hedge against fluctuations in interest rates and currencies."

For WEEKS now I have alerted Cafe members via Midas commentary
that something is VERY wrong in financial land.

... none of this makes any sense - that is if you only
listen to CNBC and the Wall Street pundits.

There is a mssive derivative problem out there.

The Fed is trying to cover it up, which is par for the course.

The bond vigilantes "in the know" realize the ramifications
of what the U.S. is doing.

Meanwhile, they continue to rig the dollar and the gold price.

... the dollar should have tanked and gold should have risen.

They both did the opposite.

The bond market, which is too big too rig, is telling us
that the manipulation of the markets has begun to fall apart.

That is what CARTEL CAPTULATION WATCH has been all about.

I have served up the Bloomberg article regarding derivatives
as the issue will be front stage in 2002.

All the best,
Bill Murphy
Le Patron, LeMetropoleCafe.com
Chairman, Gold Anti-Trust Action. gata.org

eXtra

Subj: Adam Hamilton - NASDAQ 1929
Date: 12/7/01
From: LePatron@LeMetropoleCafe.com

Adam Hamilton has served commentary at The Kiki Table
entitled, "NASDAQ 1929."

"Ouch! While the 2-to-1 comparison was very helpful
and saved countless investors' hard-earned capital,
this straight-up 1-to-1 comparison, with the respective
bubble peaks of DJIA 381.2 on September 3, 1929
and NASDAQ 5048.62 on March 10, 2000 exactly matched,
is downright scary.

If this ominous comparison does not shake the faith
of the NASDAQ zealots championing the "glorious new bull market"
hypothesis based on this latest rally, nothing will!"

The comparison is MOST eerie indeed!

All the best,

Bill Murphy
Le Patron, LeMetropoleCafe.com
Chairman, Gold Anti-Trust Action. gata.org



To: Ahda who wrote (79827)12/10/2001 10:10:58 AM
From: long-gone  Read Replies (1) | Respond to of 116752
 
AU returning fire:
AngloGold Comments On Newmont’s Revised Offer




Date: Monday, December 10, 2001


Newmont Mining Corporation today announced a revised takeover offer for Normandy Mining. AngloGold continues to believe that the revised Newmont proposal is complex, highly conditional and a high-risk proposition for Normandy shareholders.
AngloGold considers that it is not meaningful at this stage to compare the relative values of the AngloGold and Newmont offers. The relative values can only be properly assessed once the Newmont share price has responded to the revised offer.

AngloGold notes that since the announcement of Newmont’s dual takeover offers for Franco Nevada and Normandy on 14 November Newmont’s share price has fallen by more than 10%. It is probable that the Newmont share price will again fall in response to the revised offer for Normandy. In contrast, AngloGold’s share price has risen since the announcement of its offer on 4 September 2001.

AngloGold notes the following:

1. Dangerous level of financial leverage

It is important for Normandy shareholders to appreciate that under Newmont’s proposal there is no guarantee that the acquisition of Franco Nevada will be completed. In the absence of completion of the acquisition of Franco Nevada, Newmont will have a dangerous level of financial leverage particularly in the event of a fall in the gold price. Newmont is particularly exposed to a fall in the gold price given its stance on gold hedging.

2. Newmont’s proposal remains highly conditional

Newmont’s offer remains subject to a large number of conditions including: a 50.1% minimum acceptance condition; Foreign Investment Review Board approval; the approval of Newmont shareholders; no material adverse change of Normandy; various governmental and regulatory approvals; and various modifications from the Australian Securities and Investments Commission. This compares with AngloGold’s offer, which is now free from defeating conditions.

3. Timing for payment

AngloGold also notes that Normandy shareholders will not be able to receive their consideration from Newmont until mid-February at the earliest, whereas AngloGold’s offer is open and capable of immediate acceptance. Therefore, Normandy shareholders will remain exposed to further downward movements in the Newmont share price for at least the next two months. In contrast, payments under the AngloGold offer will be made from 20 December.

4. Australian Takeovers Panel Challenge

Normandy shareholders should also be aware that the Australian Takeovers Panel is seeking further advice in relation to AngloGold’s application regarding the special benefits that are to be given to Franco Nevada, its associates and shareholders that are not being offered to Normandy shareholders. The outcome of this application could have a material bearing on Newmont’s offer for Normandy.

AngloGold is also reviewing the legality of these arrangements in other jurisdictions, including Canada, and whether it will also commence legal proceedings in those jurisdictions.

AngloGold remains of the view that the combination of AngloGold and Normandy offers a compelling strategic fit of assets, a sustainable high dividend and the real possibility of significant share price growth.



Disclaimer
Except for the historical information which may be contained herein, there maybe matters discussed in this news release that are forward-looking statements. Such statements are only predictions and actual events or results may differ materially. For a discussion of important factors including, but not limited to, development of the Company's business, the economic outlook in the gold mining industry, expectations regarding gold prices and production, and other factors, which could cause actual results to differ materially from such forward-looking statements, refer to the Company's annual report on the Form 20-F for the year ended December 31, 2000 which was filed with the Securities and Exchange Commission on April 23, 2001.

anglogold.co.za