GATA chairman interviewed on Jim Pupalava''s Financial Sense program

3:18p ET Friday, March 15, 2002

Dear Friend of GATA and Gold:

While response to GATA's Chinese initiative has
been overwhelmingly favorable, at least a couple
of our friends complain that we've gone Communist
or anti-American. Not so.

By translating its Internet site into Chinese, GATA
makes no appeal to the government of China.
Rather, we increase our appeal to Chinese speakers
and readers as individuals throughout the world.
Indeed, this is a huge part of the world that, as
English speakers, we have neglected. And just
as important, it is a part of the world that has shown
an affinity for gold, perhaps because its political
circumstances bring out gold's enduring qualities.

As for Chinese people in China itself, what they do
with their growing prosperity and their increasing
access to gold is their business more than their
government's. Anyone of any nationality or ethnic
background anywhere who appreciates gold's
traditional monetary, wealth-preserving, and
liberty-preserving functions is a potential friend of
GATA and a potential recruit in our cause. And since
private ownership of gold is crucial to individual
economic liberty and subversive of tyranny everywhere,
GATA's Chinese initative may weaken the Communist
regime in China as much as it weakens the banker
regime in the United States.

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