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MineWeb reports on NY gold show, efforts to weaken rand, Hathaway comments

Section: Daily Dispatches

8a ET Tuesday, September 9, 2003

Dear Friend of GATA and Gold:

Here's the national press release issued by GATA this
morning about the decision in U.S. District Court in
New Orleans allowing Blanchard amp; Co. to continue
its anti-trust lawsuit against Barrick Gold and Morgan
Chase. Please distribute this to news organizations,
investors, and friends.

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

* * *

GATA: Blanchard amp; Co.'s Gold Price-Fixing Lawsuit
Against Barrick and Morgan Chase Can Proceed

Business Editors/Legal Writers

a href=http://home.businesswire.com/portal/site/home/index.jsp?epi-http://home....
content=NEWS_VIEW_POPUP_TYPEamp;newsId=20030909005384amp;newsLang=enamp;beanID=
202776713amp;viewID=news_view_popup

DALLAS (BUSINESS WIRE) Sept. 9, 2003 -- Blanchard amp; Co.'s
anti-trust lawsuit against Barrick Gold and J.P. Morgan Chase
alleging that they conspired to control the price of gold can
proceed to trial, a federal judge in New Orleans ruled in a
decision released Monday.

The judge, Helen G. Berrigan, denied a quot;summary judgmentquot;
motion by Barrick and Morgan Chase to dismiss the lawsuit.
She found that Blanchard, the New Orleans-based coin and
bullion dealer, had proven its standing to sue and the
appropriateness of its claims under the Sherman Act.

The judge pointedly rejected Barrick's claim to be immune
from suit as the agent of central banks in the
implementation of their policy on gold.

Welcoming Judge Berrigan's decision, Blanchard CEO Don
Doyle thanked the Gold Anti-Trust Action Committee and
its consultant, Reginald H. Howe, for their work in
bringing the first federal lawsuit alleging manipulation
of the gold price. That lawsuit was dismissed on
technical grounds in U.S. District Court in Boston in
March 2002. Doyle said Blanchard had learned much from
the Howe case and used it to build its own case.

Barrick and Morgan Chase have 10 days to apply to Judge
Berrigan for permission to appeal her decision to the
5th Circuit Court of Appeals. If her dismissal of the
Barrick/Morgan Chase quot;summary judgmentquot; motion stands,
the Blanchard lawsuit would proceed with Blanchard
empowered to compel Barrick and Morgan Chase to produce
evidence and testimony prior to trial.

quot;Blanchard's success in court is a victory for gold
producers and investors, the free market, and a more
honest international financial system,quot; GATA Chairman
Bill Murphy said. quot;The Blanchard case now promises
embarrassing disclosures about secret collusion between
Barrick, Wall Street, and central banks to control the
price of gold. GATA congratulates and is deeply
grateful to Blanchard amp; Co.quot;

Murphy continued: quot;For five years GATA has painstakingly
developed the evidence of the surreptitious suppression
of the gold price. We've done a good job but we haven't
had the power to compel the perpetrators to disclose
their records and answer questions under oath. Now
Blanchard amp; Co. will have that power in pursuit of the
truth about the gold market. The results may be
explosive -- and liberating not only to mining companies
and gold investors but also to the developing countries
that have been devastated for so long by the gold
price suppression scheme. Justice is coming.quot;

Judge Berrigan's decision allowing the Blanchard lawsuit
to proceed has been posted at GATA's Internet site in
Adobe Acrobat format here:

a href=http://www.gata.org/Blanchard_v_JPM_Order_9_3_03.pdfhttp://www.gata.org/...

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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

Kitco
178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826
Fax: 518-298-3457
and
620 Cathcart, Suite 900
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Canada
Toll-free:1-800-363-7053
Fax: 514-875-6484
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Lee Certified Coins
P.O. Box 1045
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www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000
leecoins@aol.com

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3015 Ottawa Ave. South
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fax: 952-925-0143
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Contacts: David Schectman,
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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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