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Looks like metals ''melt-up'' began last week, Turk says

Section: Daily Dispatches

11:44a ET Sunday, November 9, 2003

Dear Friend of GATA and Gold:

Plenty of importance to read today, if you haven't read some
of it already.

* GATA's Ed Steer asks, quot;Is the Washington Agreement a
Fraud?quot; Fraud, Steer writes, in the sense that the agreement
among central banks wasn't meant to rescue the gold price,
as it was presented, but rather to rescue the banks
themselves. You can find Steer's essay here:

a href=http://www.gata.org/WashingtonAgreement.htmlhttp://www.gata.org/Washingt...

* MineWeb's Ken Gooding has excellent analysis of the
changes at the World Gold Council, quot;WGC's Quiet
Revolution.quot; The changes may seem promising to those
who see gold's future as monetary, not as jewelry. You
can find Gooding's report here:

a href=http://www.mips1.net/mggold.nsf/Current/4225685F0043D1B242256DD90046FDht...
BE?OpenDocument

Or just go to MineWeb's home page:

a href=http://www.mineweb.com/http://www.mineweb.com//a

* MineWeb's Tim Wood has a great interview with James
Grant, editor of Grant's Interest Rate Observer. It's
headlined quot;Go Long Silver, Short Fed Arrogance -- James
Grant,quot; and you can find it here:

a href=http://www.mips1.net/MGGold.nsf/UNID/TWOD-5T35ZM?OpenDocumenthttp://www....

Or, again, just go to MineWeb's home page:

a href=http://www.mineweb.com/http://www.mineweb.com//a

* And trader and writer Dan Norcini examines what GATA
Chairman Bill Murphy long has said is coming in the gold
futures market, a quot;commercial signal failure,quot; in an essay
titled quot;Portrait of a Commercial Signal Failure, Part 2,quot;
posted at Jim Sinclair's site:

a href=http://www.jsmineset.com/http://www.jsmineset.com//a

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

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----------------------------------------------------

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