11:47p ET Monday, July 28, 2003

Dear Friend of GATA and Gold:

James Turk's latest commentary at the Freemarket
Gold and Money Report is posted tonight at
Gold-Eagle, and it credits GATA Chairman Bill
Murphy's quot;Midasquot; commentary at
www.LeMetropoleCafe.com [1] with discovery of a
crucial clue to the rally in silver. You can find
Turk's commentary here:

a href=http://www.gold-eagle.com/editorials_03/turk072903.htmlhttp://www.gold-e... [2]

CHRIS POWELL, Secretary/Treasurer