Press Releases

GATA Urges Congressional Support for Monetary Reform and Accountability Act on Gold

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DALLAS--(BUSINESS WIRE)--July 8, 2002--The Gold Anti-Trust Action Committee (GATA) urges House Representatives on the Financial Services Committee to join Congressmen Ron Paul (R-Texas) and John Larson (D-Conn.) as co-sponsors of the Monetary Reform and Accountability Act (H.R. 3732).

The bill simply requires the president and Treasury secretary to get the approval of Congress before intervening in the gold market.

Howe Lawsuit Survives Hearing On Dismissal Motions

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MANCHESTER, Conn.--(BUSINESS WIRE)--Nov. 6, 2001--The following statement was released on Monday, Nov. 5, 2001, by Chris Powell, Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.:

GATA'S Reg Howe Sues BIS, FED, Treasury, and 5 Investment Houses To Stop Gold Price Suppression

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For Release at 8 a.m. EDT Monday, December 11, 2000

A lawsuit filed in U.S. District Court in Boston with the support of the Gold Anti-Trust Action Committee accuses five investment houses, the Bank for International Settlements, and top officials of the U.S. Treasury Department and U.S. Federal Reserve Board of conspiring to suppress the price of gold.

The lawsuit, Docket No. 00-CV-12485-RCL, charges the defendants with price fixing, securities fraud, and breach of fiduciary duty. The U.S. government officials are also accused of exceeding their constitutional authority.

An Open Letter to Members of the Press

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It is time to wake up to what has been going on in the gold market. I can understand some initial reticence about grasping what The Gold Anti-Trust Action Committee has been telling you: that the gold market is being manipulated. No one wants to believe that, but enough is enough. It is time to start asking some hard questions of your traditional sources of information who have been feeding you disinformation to keep you off guard about what certain bullion dealers have been doing with " a little help from their friends."

An Open Letter to Allan Greenspan and Lawrence Summers

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Dear Friend of GATA and Gold:

Here's the text of GATA's two-page advertisement to be published Thursday, December 9, in Roll Call, the weekly newspaper that covers the Congress of the United States and is considered the best-read publication at the U.S. Capitol.

We're very excited about this, hopeful of making a big impact and mobilizing the gold industry and gold's friends, and deeply grateful to those whose financial contributions have helped to make this possible.

Investigation of Gold Price Manipulation Launched by GATA; Berger & Montague Retained as Counsel

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RYE, N.H., April 20 /PRNewswire/ -- Noted antitrust and securities law firm specialist, Berger & Montague of Philadelphia, has been retained by the Gold Anti-Trust Action Committee (GATA) in order to assist in its investigation into the alleged manipulation of the gold market. The law firm is best known for its successes in recovering billions of dollars in damages in the Drexel Burnham/Michael Milken junk bond case, The Exxon Valdez case, and recent tobacco and Holocaust cases, and many others.

Initial GATA Announcement

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Le Metropole members,

GATA is pleased to announce that we are now ready to make an all out effort to mobilize the gold community to confront those that we believe may have colluded to hold down the price of gold.

Our web site www.gata.org can be viewed on the internet and explains what the Gold Anti-Trust Action Committee is about. As the construction of our internet site has been completed, we are ready to accelerate the contribution phase of our campaign.

GOLD ANTI-TRUST ACTION COMMITTEE TAKES DONATIONS, PREPARES LAWSUIT AND "SHAREHOLDER REVOLT"

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Contact: Bill Murphy, GATA Chairman ( 214-522-3411)

RYE, NEW HAMPSHIRE, U.S.A., Monday, Feb. 8, 1999 -- The Gold Anti-Trust Action Committee has formally incorporated itself in Delaware and has begun negotiating with law firms interested in undertaking its lawsuit against the Wall Street investment houses it accuses of illegal collusion to control the price and supply of gold, other commodities, and certain related financial securities.

GOLD SHAREHOLDERS, ADVOCATES ORGANIZE FOR ANTI-TRUST SUIT AGAINST PRICE FIXING

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Contact: Bill Murphy, 214-522-3411 Email: LePatron@LeMetropoleCafe.com -

RYE, NEW HAMPSHIRE, U.S.A., Monday, Jan. 25, 1999 -- An international committee has been formed to prepare an antitrust lawsuit against Wall Street investment houses and Federal Reserve officials it accuses of conspiring to suppress the price of gold.

The committee, Gold Anti-Trust Action (GATA), will solicit support from mining companies, their shareholders, political figures, and people with a philosophical interest in sustaining gold's traditional monetary function, according to the committee's chairman, Bill Murphy.

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