Tomorrow''s anti-gold news today

12:16p ET Tuesday, December 17, 2002

Dear Friend of GATA and Gold:

Here's a clarification from our friend James Sinclair
about his essay, distributed by GATA yesterday,
advocating purchasing gold on the Comex and taking
delivery. The essay turns out to have been a draft that
had not yet been approved by the co-authors listed at
the top.

Despite the mixup, GATA endorses the gold-purchase
plan described in the essay. Please forgive the
confusion.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

December 17, 2002

Dear Friends:

The article sent to you yesterday was a draft and not
the final copy. I apologize to both my colleagues who
had not reviewed the final copy and therefore had not
authorized the releases thereof.

This was a product of a misunderstanding and wholly
unintentional. Therefore the contents of the first
article are my responsibility personally only. The
article now released is under my authorship only.

Regards,

James Sinclair