S. Africa''s Mining Weekly reports GATA''s exposure of double-counted gold

Section:

Deputy Secretary of State Quits for Wall Street

By Sue Pleming and Saul Hudson
Reuters
Monday, June 19, 2006

http://yahoo.reuters.com/news/articlehybrid.aspx?
storyID=urn:newsml:reuters.com:20060619:MTFH43613_2006-06-19_20-49-
55_N19307376&type=comktNews&rpc=44

WASHINGTON -- U.S. Deputy Secretary of State Robert Zoellick
announced his resignation on Monday to join investment house Goldman
Sachs after focusing on China and Sudan in the No. 2 job at the
department.

Zoellick had been tipped as a candidate for treasury secretary but
was passed over for the job, which went to Goldman Sachs chairman
Henry "Hank" Paulson.

With Zoellick at her side, U.S. Secretary of State Condoleezza Rice
paid tribute to her outgoing deputy as a strategist and an
intellectual leader.

She did not announce a replacement for Zoellick when he leaves next
month and State Department officials said it was undecided whether
his successor would be the point person on China and Sudan.

Last month, Zoellick played a pivotal role in getting the main rebel
groups in Sudan's western Darfur region to sign a peace agreement
after talks had dragged on for years. He had made several trips to
the region.

Darfur activists voiced concern his successor might not devote as
much time to the issue and they urged the Bush administration to
appoint a special envoy for Darfur.

"More than anyone else he (Zoellick) has moved this forward and come
up with tangible results. It is a matter of concern when one of the
administration's point people decides to leave," said Alex Meixner
of the Save Darfur Coalition, an alliance of groups that raises
public awareness about Darfur.

A candidate to succeed Zoellick has not yet been identified, but
Rice's top aid official, Randall Tobias, could be among those on a
short list, said one official.

"Bob has been greater than ever, whenever we have faced challenges,"
Rice said of Zoellick, adding he was willing to "get up his courage
and roll up his sleeves and even occasionally hug a panda."

Zoellick has a reputation as a demanding detail man and can appear
stiff in public, but he has been teased in the Bush administration
for a widely published photograph of him holding a baby panda in
China.

He was hired as a managing director at leading investment bank
Goldman Sachs Group Inc., where he will serve as international vice
chairman and chairman of the firm's "international advisors."

Goldman has long had close ties with official Washington, the recent
nomination of its Chief Executive Henry Paulson to become Treasury
Secretary being just the latest in a string of executives from the
firm who have gone on to government jobs.

The international advisors group Zoellick will chair includes former
U.S. House Speaker Thomas Foley.

Zoellick is likely to be paid over $1 million a year at Goldman,
including a cash bonus, said Paul Hodgson, a compensation critic at
Corporate Library. That would be a big raise from his State
Department salary of $165,200.

Zoellick denied reports he told the White House he would leave the
administration if not given the post of treasury secretary.

"If you're someone like me who is interested in public service those
are attractive possibilities, but no one ever said to me this is a
job you could have. I certainly knew I'd always be a contender as
the president and others told me, but as I said, if I were the
president and I had a choice in Hank Paulson, I'd pick Hank
Paulson," Zoellick said.

"So there was never any sense of like I must get this or I'm going
to do that."

Before joining the State Department, Zoellick was U.S. Trade
Representative from 2001, where he completed negotiations to bring
China and Taiwan into the World Trade Organization.

Much of his focus at the State Department was also on China, whose
military build-up and growing economic muscle has strained ties
between the two superpowers.

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

To subscribe to GATA's dispatches, send an e-mail to:

gata-subscribe@yahoogroups.com

To unsubscribe, send an e-mail to:

gata-unsubscribe@yahoogroups.com

Caution: America Online prohibits delivery of GATA
dispatches to AOL e-mailboxes.

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

RECOMMENDED INTERNET SITES
FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS
NEWS AND ANALYSIS

Free sites:

http://www.jsmineset.com

http://www.cbs.marketwatch.com

http://www.mineweb.com/

http://www.gold-eagle.com/

http://www.kitco.com/

http://www.usagold.com/

http://www.usagold.com/amk/usagoldmarketupdate.html

http://www.GoldSeek.com/

http://www.GoldReview.com/

http://www.capitalupdates.com/

http://www.DailyReckoning.com

http://www.goldenbar.com/

http://www.silver-investor.com

http://www.thebulliondesk.com/

http://www.sharelynx.com/

http://www.mininglife.com/

http://www.financialsense.com

http://www.goldensextant.com

http://www.goldismoney.info/index.html

http://www.howestreet.com

http://www.depression2.tv

http://www.moneyfiles.org/

http://www.howestreet.com

http://www.minersmanual.com/minernews.html

http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html

http://www.goldcolony.com

http://www.miningstocks.com

http://www.mineralstox.com

http://www.freemarketnews.com

http://www.321gold.com

http://www.SilverSeek.com

http://www.investmentrarities.com

http://www.kereport.com
(Korelin Business Report -- audio)

http://www.plata.com.mx/plata/home.htm
(In Spanish)
http://www.plata.com.mx/plata/plata/english.htm
(In English)

http://www.resourceinvestor.com

http://www.miningmx.com

http://www.prudentbear.com

http://www.dollarcollapse.com

http://www.kitcocasey.com

http://000999.forumactif.com/

http://www.golddrivers.com/

http://www.goldpennystocks.com/

http://www.oroyfinanzas.com/

Subscription sites:

http://www.lemetropolecafe.com/

http://www.goldinsider.com/

http://www.hsletter.com

http://www.interventionalanalysis.com

http://www.investmentindicators.com/

Eagle Ranch discussion site:

http://os2eagle.net/checksum.htm

Ted Butler silver commentary archive:

http://www.investmentrarities.com/

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

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

Blanchard & Co. Inc.
909 Poydras St., Suite 1900
New Orleans, Louisiana 70112
888-413-4653
http://www.blanchardonline.com

Centennial Precious Metals
Box 460009
Denver, Colorado 80246-0009
1-800-869-5115
http://www.USAGOLD.com
Michael Kosares, Proprietor
cpm@usagold.com

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

El Dorado Discount Gold
Box 11296
Glendale, Arizona 85316
http://www.eldoradogold.net
Harvey Gordin, President
Office: 623-434-3322
Mobile: 602-228-8203
harvey@eldoradogold.net

Gold & Silver Investments Ltd.
Mespil House
37 Adelaide Rd
Dublin 2
Ireland
+353 1 2315260/6
Fax: +353 1 2315202
http://www.goldinvestments.org
info@gold.ie

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

Kitco
178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826
Fax: 518-298-3457
and
620 Cathcart, Suite 900
Montreal, Quebec H3B 1M1
Canada
Toll-free:1-800-363-7053
Fax: 514-875-6484
http://www.kitco.com

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

Lone Star Silver Exchange
1702 S. Highway 121
Suite 607-111
Lewisville, Texas 75067
214-632-8869
http://www.discountsilverclub.com

MRCS Canada
12303-118 Ave. NW
Edmonton, Alberta T5L 2K2
Canada
http://www.mrcscanada.com
Michael Riedel, Proprietor
1-877-TRY-MRCS
1-877-879-6727
mrcscanada@shaw.ca

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

Missouri Coin Co.
11742 Manchester Road
St. Louis, MO 63131-4614
info@mocoin.com
314-965-9797
1-800-280-9797
http://www.mocoin.com

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
http://www.buysilvernow.com

Richard Nachbar Rare Coins
5820 Main St., Suite 601
Williamsville, N.Y. 14221-8232
877-622-4227
http://www.CoinExpert.com
nachbar@coinexpert.com

Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
http://www.swissamerica.com
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
FiGoldstein@swissamerica.com

The Moneychanger
Box 178
Westpoint, Tennessee 38486
http://www.the-moneychanger.com
Franklin Sanders
1-888-218-9226, 931-766-6066

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

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:

http://www.gata.org/creditcard.html

By GoldMoney:

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

Donors of $200 or more will receive copies
of "The ABCs of Gold Investing" by Michael
Kosares, proprietor of Centennial Precious
Metals in Denver, Colorado, and "The Coming
Collapse of the Dollar" by James Turk and
John Rubino.

GATA is a civil rights and educational
organization under the U.S. Internal Revenue
Code and contributions to it are tax-deductible
in the United States.