Bloomberg gold traders survey is notable for details, not their predictions


5:45p ET Sunday, October 3, 2004

Dear Friend of GATA and Gold:

The agenda for the fall dinner meeting of the Committee
for Monetary Research and Education has just been
distributed, and it is hard to imagine a program more
relevant to the financial circumstances of the United
States -- that is, our national bankruptcy. The meeting
also will emphasize where gold, silver, and exchange
rate manipulations fit in.

The meeting will be held on the evening of Thursday,
October 28, at the Union League Club, 38 East 37th
St., New York, beginning with cocktails at 5 and the
first speakers at 5:30. Admission will be $130 for
CMRE members and $145 for others. A summary of the
agenda is appended, along with reservations

Please check it out. This is a generally pro-gold
group, the talk is insightful, the food is great,
and some GATA folks are, as always, planning to

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

* * *

Committee for Monetary Research and Education Inc.
Annual Fall Dinner Meeting
Thursday, October 28, 2004
The Union League Club
38 East 37th Street, New York City

Reckoning the Nation's Budgets and Markets
Deficits and "Buying More Than All"

Cocktails, 5 p.m.

Session I, 5:30-6:45 p.m.

--- Gerald J. Swanson, Thomas R. Brown Chair in
Economic Education, Eller College of Management,
University of Arizona, Tucson, and author of "America
the Broke."

Allan Greenspan speaks of "troubling" deficits, the
need for "stark choices" and "no complacency."
Swanson issues a call to arms: No more business as
usual in the nation's capital and nothing less than a
new culture of fiscal responsibility. He outlines what
must be done before it is too late.

--- Walker F. Todd, lawyer and central banker,
provides the background of fiscal problems, particularly
the bankruptcies of the United States in1971 and 1979
and the attempts to restore responsibility.

-- Chairman: Howard Segermark of The Segermark Co.,
Washington, D.C., a lobbyist and former congressional
staff member.

Dinner, 7 p.m.

Session II, 8-9 p.m.

The Markets - Then, Now, and Coming

-- Bob Hoye, Institutional Advisors, Vancouver, B.C.
An historian as well as investment adviser, Hoye brings
insight and sources explaining how economic bubbles
and contractions have occurred throughout history. He
especially enjoys John Houghton's "The Great Mystery
of Buying More than All." Hoye offers forecasting models
on equities, the economy, commodities, credit markets,
gold, and silver. He writes, "Financial history is a due
diligence on central banking," and asks: "What have
almost a hundred years of interest rate and foreign
exchange manipulations accomplished?"

--- Michael T. Darda, chief economist and director of
international research, MKM Partners, Greenwich,
Conn. Darda also served at Polyconomics in Morristown,
N.J. He is familiar with arguments in favor of the gold
standard and currency boards. He is frequently published
in major financial media and interviewed on television.

-- Chairman: Richard L. Hanley, general partner,
Hambletonian Partners, L.P., New York.

Session III, 9-10 p.m.

The Dollar and Defense

--- J. William Middendorf II, chairman of CMRE and former
ambassador and secretary of the Navy, reports on the
annual monetary conference held by Robert Mundell in
Tuscany, Italy. Having met with world financial leaders,
Middendorf is aware of how they regard the dollar and
what plans are on the horizon for currency changes.

--- Leonard Liggio, executive vice president of the Atlas
Foundation and president of the Mont Pelerin Society.
Liggio builds on the warnings about the weakening of the
U.S. economy and how it relates to international relations.
Liggio's conclusion: Economic health is the first line of
U.S. defense.

-- Chairman: William S. Easman Jr. of Little Compton,
Rhode Island, investment adviser.


$130 for CMRE members, $145 for others.

Contact Elizabeth B. Currier, CMRE president,
10004 Greenwood Court, Charlotte, North Carolina 28215.
Telephone: (704) 598-3717. Facsimile: (704) 599-7036


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Blanchard & Co. Inc.
909 Poydras St., Suite 1900
New Orleans, Louisiana 70112

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

Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
Don Stott, Proprietor

El Dorado Discount Gold
Box 11296
Glendale, Arizona 85316
Harvey Gordin, President
Office: 623-434-3322
Mobile: 602-228-8203

Investment Rarities Inc.
7850 Metro Parkway
Minneapolis, Minnesota 55425
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889

178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826
Fax: 518-298-3457
620 Cathcart, Suite 900
Montreal, Quebec H3B 1M1
Fax: 514-875-6484

Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
Ed Lee, Proprietor

Miles Franklin Ltd.
3015 Ottawa Ave. South
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
Contacts: David Schectman,
Andy Schectman, and Bob Sichel

Missouri Coin Co.
11742 Manchester Road
St. Louis, MO 63131-4614

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

Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
Dr. Fred I. Goldstein, Senior Broker



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