Commentary by Michael Kosares of USAGold: Large specs are long gold

8:45p ET Friday, March 28, 2003

Dear Friend of GATA and Gold:

If you doubt that the main determinant of the gold price
lately is manipulation by central banks, check out the
always excellent daily market commentary by Jon Warner
at USAGold.com tonight. The dollar is being propped up
mightily by Japan, quite apart from the suppression of
gold on the Comex in New York. Can this go on forever
without destroying all paper money and draining U.S.
gold reserves? Doubtful. You can find Warner's commentary
here:

a href=http://www.usagold.com/DailyQuotes.htmlhttp://www.usagold.com/DailyQuote...

MineWeb's Tim Wood has an excellent analysis of
Newmont's fourth-quarter earnings report and the
company's prospects generally. You can find it here:

a href=http://www.mips1.net/MGGold.nsf/Current/4225685F0043D1B285256CF70076E9ht...
FF?OpenDocument

Or try this abbreviated link:

a href=http://ls.shapebyforce.com/sbf/157http://ls.shapebyforce.com/sbf/157/a

Wednesday night's GATA dispatch -- headlined quot;Sinclair's
latest advisory, Godsell interview, and 'cornered rats'quot;
-- seems not to have made it to addresses at America
Online. AOL has been advised about the problem and we're
hopeful that it has been fixed. If you missed that
dispatch, you can find it at the GATA archive here:

a href=http://groups.yahoo.com/group/gata/message/1474http://groups.yahoo.com/g...

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

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a href=http://www.goldismoney.info/index.htmlhttp://www.goldismoney.info/index....

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a href=http://www.minersmanual.com/minernews.htmlhttp://www.minersmanual.com/mi...

Subscription site:

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Eagle Ranch discussion site:

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COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED
BY OUR MEMBERS

Centennial Precious Metals
3033 East 1st Ave.
Suite 403
Denver, Colorado 80206
www.USAGold.com
Michael Kosares, Proprietor
US (800) 869-5115
Canada 1-800-294-9462
European Union 00-800-2760-2760
Australia 0011-800-2760-2760
cpm@usagold.com

Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
www.ColoradoGold.com
Don Stott, Proprietor
1-888-786-8822
Gold@gwe.net

Investment Rarities Inc.
7850 Metro Parkwa
Minneapolis, Minnesota 55425
a href=http://www.gloomdoom.comhttp://www.gloomdoom.com/a
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889
gwestgaard@investmentrarities.com

Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000
leecoins@aol.com

Miles Franklin Ltd.
3015 Ottawa Ave. South
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
a href=http://www.milesfranklin.comhttp://www.milesfranklin.com/a
Contacts: David Schectman,
Andy Schectman, and Bob Sichel

Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
Metalguys@aol.com

Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
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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