9:45p EDT Monday, June 12, 2000

Dear Friend of GATA and Gold:

For evidence that GATA's quot;Gold Derivative
Banking Crisisquot; report is zipping around
the world, you might want to check out an
interesting essay by Adam Hamilton at
www.Gold-Eagle.com [1]. Hamilton analyzes the
leverage to the gold price of three leading
South African mining companies, Gold Fields,
Harmony, and Durban Deep, and GATA's report
figures heavily in the outlook for them.

You can find Hamilton's essay at:

a href=http://www.gold-eagle.com/gold_digest_00/hamilton061200.htmlhttp://www.g... [2]

Please post this as seems useful.

CHRIS POWELL, Secretary/Treasurer