Only government manipulation explains today''s market action


6:18p ET Monday, July 14, 2003

Dear Friend of GATA and Gold:

J. Taylor's Gold & Technology Stocks newsletter has
just published a long interview with your
secretary/treasurer and has graciously given GATA
permission to post it at our Internet site. The
interviewer's questions were so informed and
organized that the interview may serve as a good
overview of GATA's work and the gold price
suppression issue generally. So you might want to
alert friends and associates to the interview and
help spread the word that way.

You can find the interview here:

Taylor is a longtime supporter of GATA and is offering
to make a contribution to us for every GATA supporter
or subscriber to GATA Chairman Bill Murphy's
Internet site,, who takes a
new subscription to J. Taylor's Gold & Technology Stocks
newsletter. A full description of that special offer is
appended here.

Thanks so much again to Taylor for his continuing help
to our cause.

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

* * *


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Even if you do not wish to subscribe, you can visit this site
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Cook, U.S. Rep. Ron Paul, Jeffrey Christian, David Tice, Ian
Gordon, Dr. Ravi Batra, and many more.

You can also review some of our past monthly issues to get
a sense of our monthly service.

Our weekly service is updated every Saturday evening at 8 p.m.
EST. The full text is sent via e-mail, and an abbreviated overview
is provided by telephone hotline. The weekly service is used to
make new buy and sell recommendations, to update subscribers
on prior recommendations, and to discuss the gold, equity,
bond, and currency markets.

During 2002 our Model Portfolio, which we crafted to allow our
subscribers to flourish during what we believe will be a deflationary
depression, gained 46 percent. Although so far this year the S&P
500 is beating our Model Portfolio, over the past 18 months our
portfolio has gained 48.25 percent vs. a 12.61 percent loss for the
S&P 500. We believe that we are in the early stages of a long-term
equity bear market and an equally early stage of a long-term bull
market in gold. We have many ideas about how you can profit from
those views, assuming you agree with them.

We hope you will give our service a try. If you sign up for our
annual subscription offer at $123 and advise us by email
( that you also subscribe to or are a GATA supporter, we will
send 20 percent of your subscription fee to GATA to help with
that civil rights organization's wonderful work.