Why do I get the feeling ..... nobody's home :-)
1a EDT Thursday, May 10, 2000
Dear Friend of GATA and Gold:
On Wednesday the GATA delegation to Washington met with high officials of Congress and their staffs to present evidence that the price of gold is being manipulated and that gold loans have reached levels that threaten the U.S. and world banking systems. We presented GATA's new report, "Gold Derivative Banking Crisis," and asked that Congress inquire officially into the gold market.
We had three meetings at the Capitol and were well received at each. We were asked to provide certain additional information and particularly potential questions for various government officials and financial institutions, and to return to Washington soon for additional meetings with some of the people we met Wednesday.
We will have a few more meetings today.
You'll have to forgive my being a little vague here; it wouldn't be right to identify yet those who met with us and who are considering getting involved with the gold issue. Besides, it might expose them to premature intervention or retaliation from gold's enemies. But I hope it will suffice to say that today couldn't have gone better, that we couldn't have met with more important people with more appropriate jurisdiction over the gold issue, that GATA now has brought and will continue to bring the gold issue to the highest levels of the U.S. government, and that we are hopeful and even confident now that much will come from this in the next few months and that our support from the gold industry will grow with our success.
Please post this as seems useful.
CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc.
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