Daily Dispatches

Win a pot of gold at Calgary conference while helping GATA


12:39p ET Tuesday, September 17, 2002

Dear Friend of GATA and Gold:

Reuters has just corrected its dispatch that asserted
that Newmont Mining Corp. planned to close its gold
hedges by February. Turns out that the hedge closing
involved is much less than that. The corrective dispatch,
appended here, isn't terribly clear, but there probably
will be more on this later today.

CHRIS POWELL, Secretary/Treasurer

Barron''s interviews James Turk about gold and mentions ESF


10:58p ET Sunday, September 8, 2002

Dear Friend of GATA and Gold:

The BBC reports (see below) that the Japanese
government is planning to intervene openly
in the country's stock market to prop up prices.

Before Americans snicker too much at this,
remember that open intervention by the
government is at least more honest that the
surreptitious government intervention in the
markets that occurs in the United States, which,

Japanese government considers buying stocks to prop up market


8:33p ET Sunday, September 8, 2002

Dear Friend of GATA and Gold:

When you have an hour to read about what
is REALLY going on with gold and the world,
check out the latest three postings at Reg
Howe's Internet site, www.goldensextant.com.

First, Howe has written a brief commentary
introducing a new essay by his business partner,
Bob Landis. Howe's commentary is here:


Three urgent new commentaries at www.GoldenSextant.com


8p ET Friday, September 6, 2002

Dear Friend of GATA and Gold:

We made big gains on the publicity front in
Europe this week.

Thanks to two years' worth of beseeching by
our friend Tom Cappuyns, a major newspaper in
Belgium, De Financieel-Economische Tijd -- the
Belgian Financial Times -- published on Thursday
a big report on gold and GATA that concluded
that the gold market is indeed being manipulated.

Belgian Financial Times and CNBC Europe acknowledge GATA''s work


8p ET Wednesday, September 4, 2002

Dear Friend of GATA and Gold:

J.P. MorganChase has replied to letters from
GATA questioning the firm's accounting for
its exposure to derivatives. The reply,
signed by John Borden, senior vice president
for investor relations, says that "one of
JPMorganChase's goals is to be a leader in
financial disclosure," so GATA hopes to
provide the firm soon with a few opportunities

MorganChase tells GATA it wants to be a leader in financial disclosure


Why the Gold Cartel Will Fail
to Prevent a Primary Bull Market in Gold
-- and the Real Reason They're
Trying to Prevent It Anyway

By James Sinclair
and Harry Schultz
September 3, 2002

1. J.P. Morgan/Chase appears to be, by
accident or intention, the main member of the
gold dealers' short seller's club.

2. In our opinion central banks have given
JPM lease agreements whereby JPM receives

CBSMarketWatch quotes Gold-Eagle''s Vronsky


12:25p ET Monday, September 2, 2002

Dear Friend of GATA and Gold:

That TheMiningWeb.com report cited to you a few hours
ago has a comment from J.P. Morgan that is implicitly
bullish for gold -- a comment that the establishment
of new short positions is deemed unlikely. For a
frankly bullish analysis from Morgan, check out
TheMiningWeb.com's accompanying story about Placer
Dome, "Placer aids gold price and vice versa":

Sinclair and Schultz on why the gold cartel can''t stop a bull market


7:39p ET Tuesday, September 3, 2002

Dear Friend of GATA and Gold:

Congratulations to our friend I.M. Vronsky of
www.Gold-Eagle.com, who today found himself
and gold suddenly mainstream, as he was
quoted in a major dispatch from
www.CBS.MarketWatch.com, appended here.

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

* * *

Metals issues, gold prices inch up

More Morgan comments are bullish for gold


9:22p ET Sunday, September 1, 2002

Dear Friend of GATA and Gold:

TheMiningWeb.com tonight has an important report
about the gold market and the relative exposure of
the major mining companies to a rising gold price.

The headline is "Dehedging to slow after banner half
year," but this seems a bit misleading, for the report
quotes even J.P. Morgan analysts as expecting a
higher gold price.

Even Morgan analysts expect gold to rise



VANCOUVER, B.C. (Dow Jones) -- Placer Dome Inc.
is cutting its gold hedge position by 20 percent
from the 8.5 million ounces of gold reported as
at June 30.

Placer said in a press release that the recent
volatility in gold prices has afforded it the
opportunity to reduce its call option commitments

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