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Bank of England modifies gold auction program

Section: Daily Dispatches

10p ET Tuesday, March 6, 2001

Dear Friend of GATA and Gold:

Hard-money people -- and these days that term may
include anyone who doesn't believe in using Sunday
newspaper grocery coupons as mortgage collateral --
may want to consider attending the spring dinner
meeting of the Committee for Monetary Research and
Education on Wednesday, April 4.

It will be held, as usual, at the sumptuous Union Club,
101 East 69th St., New York, N.Y., on the lovely Upper
East Side, just a block from Central Park and three
blocks from the 69th Street/Hunter College station on
the Lexington Avenue subway line.

GATA's Reginald H. Howe and yours truly are planning
to be there to accept, depending on one's perspective,
accolades or overripe fruit.

But more important, CMRE always has very interesting
speakers expert on economic issues. Among those
scheduled for the April meeting:

-- Richard L. Hanley of Hambletonian Partners.

-- James Grant of Grant's Interest Rate Observer.

-- Anne Williamson, the widely published journalist
and author.

-- Raymond F. DeVoe Jr. of The DeVoe Report.

-- Martin Mayer, another prolific writer, author most
recently of quot;The Bankers: The Next Generation.quot;

-- Walker F. Todd, lawyer, author, and central banker.

-- Tracy G. Herrick, chief investment strategist for
Jeffries amp; Co.

-- And Joseph Salerno of the Ludwig Von Mises Institute.

Cocktails are at 5 p.m. The first three speakers go on
at 5:30. Dinner is at 6:45. And the last five speakers
have from 8 to 10. Time is reserved for questions and
comments from the audience, and it always goes very

I hate traveling but I have attended the last two CMRE
functions at the Union Club and have found them
exciting and fun -- the more so because the food and
drink are always great and GATA buys the meal ticket
for me.

That leaves everyone else on the hook for the price of
admission: $125. But I don't think you'll be disappointed,
especially if you can spend a little time in Manhattan on
a nice spring day. The place has gotten practically civilized
again since Rudy Guiliani became mayor -- even the
once-notorious Times Square. No more of those squeegee
guys shaking people down on the street; looks like they've
all gotten jobs at Goldman Sachs.

If you're interested, email CMRE President Elizabeth B.
Currier at or write to her at
10004 Greenwood Court, Charlotte, N.C. 28215 USA.

I hope to see lots of GATA's friends there.

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