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Hedge book emasculates Sons of Gwalia

Section: Daily Dispatches

1:08p ET Wednesday, February 19, 2003

Dear Friend of GATA and Gold:

The March 4 edition of Insight magazine, the news weekly
published by The Washington Times, carries what is
probably the definitive report so far about the gold price
suppression scheme. It is an article written by Kelly
Patricia O'Meara and titled quot;Panic Is Near If The Gold
Is Gone.quot; You can find it on the Internet here:

a href=http://www.insightmag.com/news/370641.htmlhttp://www.insightmag.com/news...

Alone among news organizations, Insight has examined
the EVIDENCE and DOCUMENTATION of the surreptitious
and murky central bank intervention against the gold
price and reports that the International Monetary
Fund won't talk about its duplicitous accounting
practices that are at the center of the scheme.

The article also collects mealy-mouth comments from
the ever-useless World Gold Council, which are at
least interesting for showing that the WGC isn't
sure that GATA is wrong even as the council is
afraid of finding out whether GATA is right. Some
representative of the gold industry!

The article also includes the most wonderful
endorsement of GATA's work from John Embry, the
most successful mutual fund manager of 2002, lately
manager of the gold fund of RBC Global Investment
Management and soon to be managing the gold fund
of Sprott Asset Management.

Insight magazine's credo says: quot;Our editorial focus
is simple: Report news others won't or can't.quot; That
is the gold scandal for you. And that is Insight
magazine.

GATA urges its friends to bring the Insight article
to the attention of the financial press, political
officials, and the executives of the mining companies
whose shares we own. No matter our wealth or station,
we ALL can do SOMETHING here. Just pick one relevant
person to send this article to with a personal note.
Help us get the story out and change the world.

GATA is deeply grateful to Insight and Kelly O'Meara.

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

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FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS
NEWS AND ANALYSIS

Free sites:

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

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

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

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

a href=http://www.silver-investor.comhttp://www.silver-investor.com/a

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

a href=http://www.sharelynx.nethttp://www.sharelynx.net/a

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

a href=http://www.financialsense.comhttp://www.financialsense.com/a

a href=http://www.goldensextant.comhttp://www.goldensextant.com/a

a href=http://www.goldismoney.info/index.htmlhttp://www.goldismoney.info/index....

a href=http://www.depression2.tvhttp://www.depression2.tv/a

www.minersmanual.com/minernews.html

Subscription site:

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

Eagle Ranch discussion site:

a href=http://os2eagle.net/checksum.htmhttp://os2eagle.net/checksum.htm/a

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COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED
BY OUR MEMBERS

Centennial Precious Metals
3033 East 1st Ave.
Suite 403
Denver, Colorado 80206
www.USAGold.com
Michael Kosares, Proprietor
US (800) 869-5115
Canada 1-800-294-9462
European Union 00-800-2760-2760
Australia 0011-800-2760-2760
cpm@usagold.com

Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
www.ColoradoGold.com
Don Stott, Proprietor
1-888-786-8822
Gold@gwe.net

Investment Rarities Inc.
7850 Metro Parkwa
Minneapolis, Minnesota 55425
a href=http://www.gloomdoom.comhttp://www.gloomdoom.com/a
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889
gwestgaard@investmentrarities.com

Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000
leecoins@aol.com

Miles Franklin Ltd.
3601 Park Center Building
Suite 120
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
a href=http://www.milesfranklin.comhttp://www.milesfranklin.com/a
Contacts: David Schectman,
Andy Schectman, and Bob Sichel

Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
Metalguys@aol.com

Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
a href=http://www.buycoin.comhttp://www.buycoin.com/a
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
figoldstein@buycoin.com

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HOW TO HELP GATA

If you benefit from GATA's dispatches, please
consider making a financial contribution to
GATA. We welcome contributions as follows.

By check:

Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, CT 06043-7541
USA

By credit card (MasterCard, Visa, and
Discover) over the Internet:

a href=http://www.gata.org/creditcard.htmlhttp://www.gata.org/creditcard.html/a

By GoldMoney:

a href=http://www.GoldMoney.comhttp://www.GoldMoney.com/a
Gold Anti-Trust Action Committee Inc.
Holding number 50-08-58-L

By Crowne-Gold:

a href=http://www.Crowne-Gold.comhttp://www.Crowne-Gold.com/a
Holding: GATAComm@aol.com

By E-Gold:

a href=http://www.e-gold.comhttp://www.e-gold.com/a
Gold Anti-Trust Action Committee Inc.
Account number 110915

Donors of $750 or more will, upon request,
be sent a print of Alain Despert's colorful
painting symbolizing our cause, titled quot;GATA.quot;

GATA is a civil rights and educational
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