German bank official went out of his way to spook gold


4:54p ET Sunday, March 3, 2002

Dear Friend of GATA and Gold:

The mining news Internet site has
just reported that South Africa is refusing re-entry to
Durban Roodeport Deep chief executive Mark Wellesley-Wood.
You can read about it here:

Or just go to TheMiningWeb's cover page here:

Of course Wellesley-Wood and Durban are GATA's strongest
supporters, so this is of the greatest concern to us and,
we imagine, to many international investors in South
Africa. So we have sent to South Africa's ambassador
to the United States, by fax and express mail, the letter
of concern that is appended here, and we encourage GATA's
supporters to express their own concerns -- in the most
respectful way.

The fax number of the South African embassy in Washington
is 202-265-1607. GATA supporters outside the United States
might try to reach the South African ambassador in their
own countries.

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

* * *

March 3, 2002

The Hon. Sheila Violet Makate Sisulu, Ambassador
Embassy of the Republic of South Africa
4301 Connecticut Ave. N.W.
Washington, D.C. 20008

Dear Ambassador Sisulu:

The mining news Internet site
reported today that the chief executive officer of Durban
Roodeport Deep, Mark Wellesley-Wood, was being denied
re-entry to South Africa. (I'm enclosing a copy of that
report for you.)

Without making a judgment on the reason for this action,
the Gold Anti-Trust Action Committee Inc. asks you to
consider our urgent concern about it and its implications
for continued investment in South African by Americans, such
as our 1,800 members, who believe in gold's traditional
monetary function in the international economy.

Wellesley-Wood and Durban Roodeport Deep have been the
strongest supporters of our committee's work to liberate
South Africa and other developing countries from the
oppression and exploitation of the international banking
cartel that is suppressing the price of gold. Further, as you
may know, we here in Connecticut, particularly those of us
associated with the University of Connecticut, long have
had a special interest in South Africa, the African National
Congress, and the struggle to create and sustain your
country's multi-racial democracy.

So anything you can do to address our concerns would be
greatly appreciated.

With good wishes.

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