Barrick touts hedging success -- and its plan to reduce hedging

12:33a ET Monday, April 28, 2003

Dear Friend of GATA and Gold:

Here's a bunch of miscellany for you.....

Check out some excellent if brief commentary by Centennial
Precious Metals and USAGold.com proprietor Michael
Kosares, quot;The Washington Agreement Gets Messy,quot; which
analyzes Portugal's recent gold sales:

a href=http://www.usagold.com/AMK/MK-gold.htmlhttp://www.usagold.com/AMK/MK-gol...

Here are a few articles -- one from the Sunday Times in
South Africa and two from MineWeb -- that address concerns
about the recently weak performance of the South African
gold shares, which is being attributed to the strength of
the rand against the dollar:

a href=http://www.sundaytimes.co.za/2003/04/27/business/money/money01.asphttp:/...

a href=http://www.mips1.net/MGFin.nsf/UNID/SBAY-5LWL7Y?OpenDocumenthttp://www.m...

a href=http://www.mips1.net/MGFin.nsf/Current/4225685F0043D37A42256D1300502C3ht...
7?OpenDocument

Our friends at Swiss America have posted an article with charts
showing that the leverage in gold is not exclusively with mining
shares -- rare coins have leverage too:

a href=http://www.swissamerica.com/article.php?=SIDamp;art=03-http://www.swissa...
2003/200303271114f.txt

Swiss America's Fred Goldstein (800-289-2646 x1033,
fig@swissamerica.com) and Tim Murphy (800-289-2646 x1019
trmurphy@swissamerica.com) would be glad to talk to
anyone about it.

The latter article isn't entirely a commercial promotion,
since GATA's work is likely to become increasingly a matter
of trying to boost investment demand for precious metals
and the taking of supplies of real metal off the market.
More about that soon.

And finally here's a reminder about the spring meeting of the
Committee for Monetary Research and Education in New
York City this Thursday evening. Among the speakers will
be a former vice president of the Federal Reserve Bank of
New York, the former manager of its gold vault. The agenda
for the meeting is appended. There's still time to make a
reservation. Admission is $125 and that includes a great
dinner. I'm planning to represent GATA at the meeting and
would love to see friends there. If you'd like to attend,
please call or e-mail CMRE President Elizabeth B. Currier,
whose addresses are below.

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

* * *

COMITTEE FOR MONETARY RESEARCH AND EDUCATION INC.

Elizabeth B. Currier, President
10004 Greenwood Court
Charlotte, North Carolina 28215-9621
Telephone: 704-598-3717
cmre@worldnet.att.net.

CMRE Spring Dinner Meeting, Thursday, May 1, 2003
The Women's National Republican Club
3 West 51st St., New York City

The Complexities and Markets of War and Peace

Cocktails 5 p.m.

First Session 5:45 p.m.

H. David Willey on quot;Official Gold in Perspectivequot;
Willey is former vice president of the Federal Reserve
Bank of New York and former head of the foreign
department. He had charge of the New York Fed's
gold vault.

Chairman, Walker F. Todd
Todd is a lawyer, author, and former central banker

Open discussion of gold market conditions and legal issues
such as those raised by the case of Blanchard vs. J.P.
MorganChase and Barrick Gold.

Dinner 6:30 p.m.

Session II, 7:15 p.m.

Brian S. Wesbury on quot;Monetary Policy and Bubbles.quot;
Wesbury is first vice president and chief econonist
for Griffin, Kubik, Stephens amp; Thompson Inc. of
Chicago and The Wall Street Journal's No.1 economic
forecaster in 2001.

Chris Sanders on quot;Conditions for Growth: New World
Order or Balance of Power?quot;
Sanders is a banker and asset manager in London
and a principal in Sanders Research Associates.

Chairman: the Hon. J. William Middendorf II, former
secretary of the Navy, former ambassador to the
Netherlands, and investment banker.

Session III, 8:30 p.m.

John Laughland on quot;European Geopolitics and the Warquot;
Laughland is an author and independent columnist for
the U.S., British, and European press and a member of
Sanders Research Associates in London.

Sol Sanders on quot;Asia: Geopolitics and the Economiesquot;
Sanders is a journalist, political commentator, and old
Asia hand in Washington.

Chairman: Walter Cadette, former banker and diplomat
and fellow at the Jerome Levy Institute of Economics at
Bard College.

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

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

RECOMMENDED INTERNET SITES
FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS
NEWS AND ANALYSIS

Free sites:

a href=http://www.jsmineset.comhttp://www.jsmineset.com/a

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

a href=http://www.gold-eagle.com/http://www.gold-eagle.com//a

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

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

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

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

a href=http://www.moneyfiles.org/http://www.moneyfiles.org//a

a href=http://www.silver-investor.comhttp://www.silver-investor.com/a

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

a href=http://www.financialsense.comhttp://www.financialsense.com/a

a href=http://www.goldensextant.comhttp://www.goldensextant.com/a

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

a href=http://www.depression2.tvhttp://www.depression2.tv/a

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

Subscription site:

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

Eagle Ranch discussion site:

a href=http://os2eagle.net/checksum.htmhttp://os2eagle.net/checksum.htm/a

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

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

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

HOW TO HELP GATA

If you benefit from GATA's dispatches, please
consider making a financial contribution to
GATA. We welcome contributions as follows.

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c/o Chris Powell, Secretary/Treasurer
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a href=http://www.gata.org/creditcard.htmlhttp://www.gata.org/creditcard.html/a

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a href=http://www.GoldMoney.comhttp://www.GoldMoney.com/a
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