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, quot;Placer aids gold price and vice versaquot;:

* * *

quot;Hedge book reductions continue to be a focus for
almost all gold producers,quot; said JP Morgan analyst
Richard Rossiter. quot;The global anti-hedging lobby
remains vocal, and non-hedgers have significantly
outperformed hedgers (on stock markets).quot; He felt
hedged producers such as Barrick Gold Corp. and
Placer would soon see a catch-up in share price
performance, but added this depended largely on
gold price movements. quot;We believe the outlook for
the gold price is positive, but we also think gold
shares should be regarded as trading positions
near term, while gold is volatile,quot; Rossiter said.

* * *

As for what that Morgan analyst calls the quot;vocal
anti-hedging lobby,quot; GATA is eager to plead guilty
as charged.

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

----------------------------------------------------

RECOMMENDED INTERNET SITES
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NEWS AND ANALYSIS

Free sites:

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a href=http://www.thebulliondesk.com/http://www.thebulliondesk.com//a

a href=http://www.sharelynx.nethttp://www.sharelynx.net/a

a href=http://www.mininglife.com/http://www.mininglife.com//a

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Eagle Ranch discussion site:

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----------------------------------------------------

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WHO HAVE SUPPORTED GATA
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www.USAGold.com
Michael Kosares, Proprietor
US (800) 869-5115
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European Union 00-800-2760-2760
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a href=http://www.gloomdoom.comhttp://www.gloomdoom.com/a
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a href=http://www.buycoin.comhttp://www.buycoin.com/a
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
figoldstein@buycoin.com

----------------------------------------------------

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