Hathaway interview, Bank of Japan buys junk stock, and a boost for Durban

8p ET Monday, March 24, 2003

Dear Friend of GATA and Gold:

Here are some new commentaries of possibly special
interest:

-- Jim Sinclair's of March 23 and 22 at his Internet site
here:

a href=http://www.jsmineset.com/s/Home.asphttp://www.jsmineset.com/s/Home.asp/a

-- While GATA does not often put much faith in
technical analysis about a market as manipulated
as gold, Victor Hugo is well-regarded in that field
and his latest may be found at Kitco here:

a href=http://www.kitco.com/ind/Hugo/mar242003.htmlhttp://www.kitco.com/ind/Hug...

-- And Doug Noland's latest quot;Credit Bubble Bulletinquot;
report is at Gold-Eagle here:

a href=http://www.gold-eagle.com/gold_digest_03/noland032403.htmlhttp://www.gol...

Below is a word from one of our loyal sponsors, Swiss
America Trading Corp.

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

A MESSAGE FROM SWISS AMERICA TRADING CORP.

Former commodities broker Tim Murphy, brother to GATA
Chairman Bill Murphy, has joined Swiss America and is
working with the firm's senior broker, Dr. Fred Goldstein.
Together they offer GATA supporters a free consultation
about the gold coins in our portfolios, and they want to
call attention to what is called a ratio trading strategy.

quot;Our ratio trading strategy,quot; Goldstein says, quot;is
essentially to take advantage of the extrinsic premiums
of numismatic gold coins when they move up considerably
faster than bullion prices. When the ratio is low, we sell
bullion coins to buy numismatic double eagles, and when
the ratio rises, we swap back into bullion coins, leaving
a client with substantially more ounces than he started
with.

quot;For example, recently bullion coins had moved up about
$60 per ounce while certain higher-end double eagles had
moved up by $500 to $700.quot;

If you're interested, you can call Goldstein and Murphy
at Swiss America at 1-800-289-2646 or email them at
FIGOLDSTEIN@swissamerica.com or
TRMURPHY@swissamerica.com. Fred and Tim will be
happy to mail out newsletters, brochures and reports on
numismatic coins.