Daily Dispatches

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There you have it. The ESF doesn't have to notify
Congress about anything in advance. It is under the
sole authority of the secretary of the treasury and the
president, and they can do quot;gold swapsquot; without any
congressional approval, which brings up an important
point I made in quot;The Smoking Gun.quot;

I had noted a curious pattern in the correspondence
emanating from the Treasury Department. The secretary

12:11a ET Friday, April 20, 2001

Dear Friend of GATA and Gold:

Minutes of the Federal Reserve's Open Market Committee
meeting of January 31, 1995, reveal that the U.S.
Treasury Department's Exchange Stabilization Fund has
been, as GATA long has alleged and as the Treasury
Department has denied, surreptitiously intervening in
the gold market by lending gold.

The minutes were discovered by GATA consultant Reginald

1:16a ET Sunday, April 15, 2001

Dear Friend of GATA and Gold:

The journalist Anne Williamson spoke brilliantly to the
April 4 meeting of the Committee for Monetary Research
and Education in New York. Since her criticism of the
credit bubble is aimed at the international economic
order that GATA also is out to disturb, Williamson's
remarks may be of interest to you, so I'm appending
them here.

11:13p ET Sunday, April 8, 2001

Dear Friend of GATA and Gold:

Thanks to GATA's friend Adam Hamilton, the legal responses
of the defendants in Reg Howe's lawsuit against the Bank for
International Settlements and its accomplices in suppressing
the price of gold are now availbale for reading on the
Internet. (Adobe Acrobat Reader is necessary to view them.)
You can find them here:

a href=http://www.zealllc.com/howedef.htmhttp://www.zealllc.com/howedef.htm/a