For GATA members with America Online email

9:45p EDT Saturday, October 28, 2000

Dear Friend of GATA and Gold:

Reginald H. Howe's analysis of the plan of the
Bank for International Settlements to seize the
shares of its private shareholders (GATA message
no. 569) has caused the Gold Anti-Trust Action
Committee Inc. to put at the top of its litigation
agenda a lawsuit against the BIS for possible
securities fraud.

We believe that such a lawsuit would be able to
implicate and depose all the parties to the
collusion against a free price of gold and against
restoring gold's traditional monetary functions
generally.

To that end GATA encourages you to re-read Reg's
essay and distribute it, and we appeal for financial
contributions to help us undertake this litigation. We
just might get it going with $100,000 or so. And it
might throw a monkey wrench in the works of a lot of
gold's enemies.

Thanks for your consideration.

CHRIS POWELL, Secretary/Treasurer