1:35a EDT Saturday, October 2, 1999

Dear Friend of GATA and Gold:

You may be interested in Robert Chapman's fine essay
at www.gold-eagle.com [1], which indicates that the
manipulation of the gold market is now pretty much
taken for granted. It wasn't taken for granted back in
January when GATA was formed and our chairman, Bill
Murphy, started shouting it from the rooftops on the
Internet. GATA can take credit for this change in
perceptions.

The Chapman essay is at:

a href=http://www.gold-eagle.com/gold_digest_99/chapman100299.htmlhttp://www.go... [2]

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