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Section: Daily Dispatches

4:10p ET Monday, April 2, 2001

Dear Friend of GATA and Gold:

The Russian news agency Interfax today reported interest
in GATA among Russian gold producers. Its story is appended

GATA came to solicit support in Russia only recently, and
some Americans have been critical of this, assuming that
Russia's hostility toward the United States remains from
the Cold War.

But Russia and the United States are no longer enemies.
And Russia is just like all the other developing countries
GATA has sought to help in their need to exploit their
natural resources and get fair prices for them.

If it isn't quite dead, Russian imperialism is a far cry
from what it once was. But Wall Street's imperialism is
as rapacious as ever.

So greetings to our Russian friends. We'll be talking with
them soon and will invite them to the GATA African Gold
Summit in Durban, South Africa, next month.

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

* * *

Russian producers may join
Gold Anti-Trust Action Committee

MOSCOW, April 2 (Interfax) -- The Russian Union of Gold
Producers is considering joining the Gold Anti-Trust
Action Committee (GATA), an organization set up in the
United States in 1999 fight the manipulation of world
gold prices.

Union chairman Valery Braiko told Interfax that quot;if
union members understand that the committee can raise
the price of gold on the world market, the union will
join it.quot;

GATA's website states that the committee was set up
quot;to advocate and undertake litigation against illegal
collusion to control the price and supply of certain
financial securities, particularly securities involving
gold.quot; The committee aims to bring the gold price up to
$600 per troy ounce from the current average of about