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Gold last week bounced off the top and bottom of its up channel, Sinclair writes

Section: Daily Dispatches

11:17a ET Saturday, September 27, 2003

Dear Friend of GATA and Gold:

MineWeb's Tim Wood analyzes Barrick Gold's presentation
about its hedging policy at the Denver gold conference and
finds it confusing and questionable. To the contrary, GATA
finds that Barrick's policy makes perfect sense if one
assumes, as the Blanchard vs. Barrick and Morgan Chase
lawsuit charges, that Barrick, with Morgan Chase's backing,
has the financial power to run the gold price both up and
down almost at will.

You can find the MineWeb story under the headline quot;Barrick
Message on Gold Hedging Remains Very Fluidquot; at the
MineWeb home page:

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

Here's the direct link:

a href=http://www.mips1.net/mgdg3.nsf/UNID/TWOD-5RRRFA?OpenDocumenthttp://www.m...

And here's an abbreviated link:

a href=http://ls.shapebyforce.com/sbf/261http://ls.shapebyforce.com/sbf/261/a

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

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a href=http://www.minersmanual.com/minernews.htmlhttp://www.minersmanual.com/mi...

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----------------------------------------------------

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Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
figoldstein@buycoin.com

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