Daily Dispatches

Goldman sees gold losing its luster

By Susan Lerner
CBS.MarketWatch.com
May 29, 2002

Investors expecting gold stocks and the precious metal to
continue to glitter may be in for a surprise, according to
one analyst who downgraded several gold miners Wednesday.

quot;We believe that gold will be more challenged to rise
substantially from current $324 levels over the next year
due to weakness in physical jewelry demand,quot; Goldman Sachs'

5:46p ET Thursday, May 30, 2002

Dear Friend of GATA and Gold:

TheMiningWeb.com has just posted a wonderful
interview with Quinton George, managing director
of Trinity Holdings, a big stakeholder in
Afrikander Lease, whose enormous donation to GATA
was announced today. In the interview, George
elaborates on that donation.

Here's an excerpt from George's comments:

quot;I think the World Gold Council has now got good

10p ET Thursday, May 30, 2002

Dear Friend of GATA and Gold:

TheMiningWeb.com has just made it very easy for
you to find Tim Wood's story about the AfLease
contribution and the interview about the
contribution with Quintin George of Trinity Holdings.
They're now both on TheMiningWeb.com's home
page:

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

CHRIS POWELL, Secretary/Treasurer

Take this gold money and use it.
Former metals trader sees boost for online gold payments.

By Thom Calandra
CBS.MarketWatch.com
May 28, 2002

James Turk's GoldMoney digitizes real gold stored
in a London vault. The service, one of several that
creates gold-backed payment systems, is predicting
an increase in business as gold prices eclipse the
$320 an ounce mark.

Turk, a former commodities manager for the Abu Dhabi