Toronto paper connects Morgan Chase to gold-shorting derivatives

Section:

1:10p ET Tuesday, October 1, 2002

Dear Friend of GATA and Gold:

Our friends at the Committee for Monetary
Research and Education Inc. have scheduled
their fall meeting for Wednesday, November 20,
at the Union Club in New York City. This
meeting always has a strong focus on gold
and is a great meal besides. Below is the
meeting's call. GATA will be represented at
the meeting and we hope to see some of our
friends there.

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

* * *

Monday, September 30, 2002

Dear CMRE Members and Friends:

Our fall meeting will be held Wednesday evening,
November 20, at the Union Club in New York.

We hope to have Robert Mundell, Nobel Prize winner
and friend, discuss currencies, whither the dollar, the
euro, and gold.

Leonard Liggio, executive vice president of the Atlas
Foundation, will analyze the background to oil (in
peace and war), world economic liberalization, and
signs of rising nationalism in reaction to globalization.
Leonard teaches in Aix-en-Provence every summer.

Another session will consider the serious financial
market problems (Caused by? Aided by? Abetted
by?) of banks that have surfaced since the 1999
repeal of the parts of the Glass-Steagall Act that
separated banking from commerce. The speakers:
Martin Mayer, author of "The Fed," together with Jack
Willoughby of Barron's. Jack will comment on the
role of journalist John T. Flynn in causing enactment
of Glass-Steagall and the Public Utilities Holding Co
Act. Martin will address how failure to observe the
original principles of those acts brought us to the
current financial problems.

We have additional great ideas in the planning
stage to complete the program.

In retrospect, we held two very successful meetings
last year. In October, to the background of bagpipes
playing "Amazing Grace" at funerals across the City,
we considered "The New World Order -- The
Aftermath of 9/11: How will the World Look?" In
April we talked about "Roiled Currencies, Banking,
and Books of 2002." One member wrote that though
he had attended the meeting, when he listened to
the tapes he was amazed at how much information
had been presented.

CMRE meetings are invariably ahead of the curve.
At our March 1998 meeting, Anna J. Schwartz
proposed abolition of the International Monetary
Fund. Her talk became the focal point of our
monograph No. 54, "Time to Abolish the International
Monetary Fund and the Treasury's Exchange
Stabilization Fund: Documents on Their Origins,
Consequences, and Failures, with a Roadmap to
Abolition." IMF news now fills the press. If you own
that monograph, you have an important work. We
urge you to reread it as you watch events in South
America.

In July, three associates from the committee visited
Buenos Aires and were invited to speak on the
proposals of the IMF for Argentine financial reform.
Our host for those meetings was Dr. Alejandro
Chafuen, president of the Atlas Foundation, who
spoke at our April meeting. Monograph 54 could
not have been more valuable at those sessions.

It is time for payment of dues and, we hope, for your
extra contributions. In addition to the meetings, we
want to issue new monographs and bring out an
update of Monograph No. 54. Walker Todd will
write a new monograph on the gold price movement
in the last 10 years as related to supply and demand.
Publications require funding for which we would
appreciate your support. Membership dues
payment form is enclosed.

On receiving your dues, we will send you a copy
of the new book, "Gold Wars -- The Battle Against
Sound Money as Seen From a Swiss Perspective,"
by Ferdinancd Lips of Zurich. This is not a CMRE
publication, but we believe Lips gives some
information one cannot find elsewhere and that
you will appreciate it as your membership gift.

As always, we thank you for all your interest and
support -- for your phone calls and mailing.

The final program notice will go out this month with
reservation forms. Do keep in touch and we'll see
you in November.

Elizabeth Currier, President
Committee for Monetary Research and Education Inc.
10004 Greenwood Court
Charlotte, NC 28215

Phone: (704) 598-3717
Fax: (704) 599-7036
Email: cmre@worldnet.att.net