Subj: GATA: NewsMax Covers GATA Business Wire Release
Date: 8/16/2001 6:32:17 AM Pacific Daylight Time
From: LePatron@LeMetropoleCafe.com
To: Rayelan@aol.com

Le Metropole Members,

GATA's press release yesterday, "( BW)(TX-GATA) GATA
Says Much of U.S. Gold Reserve is Encumbered" received
much attention.

GATA supporter Barrie Walsh informed me this morning that
www.NewsMax.com featured it today in its "Top Stories."

I. M. Vronksy posted the release in his www.GOLD-EAGLE.com
Forum.

Within minutes after the release, various bullion dealers
faxed the release to Cafe members.

James Turk has a Home Run with his revelations. It is now
up to Secretary O'Neill to explain what the drawdown in
SDR Certificates is all about. It could not be more clear
that it has to have something to do with gold. It also
could not be more clear that the GATA camp has caught
the U.S. Treasury deceiving the U.S. Congress and the
American public.

This is a national disgrace and reflects on the
credibility of the integrity of the U.S. Treasury and
Federal Reserve Bank. Chairman Greenspan wrote Senator
Leiberman that it would be "wholly inappropriate for the
Fed to manipulate the gold market." He also stated
before Congress three years ago that "central banks
stand ready to lease gold in increasing quantity should
the price rise." - which is just what has happened
and is part of the reason the price of gold has NOT
ALLOWED to rise.

Earmarked gold at the Fed is now flowing out of the
U.S. at the rate of 40 tonnes per month, which is 33%
greater than coming out of South Africa, the world's
number one gold producer.

Something is very wrong out there when it comes to the
gold market. GATA has spent almost 3 years uncovering
just what that is.

As the facts become known, via honest reporting by the
likes of a NewsMax, a financial scandal of epic proportions
will unfold before the general public.

They will realize that certain U.S. politicians and
the prominent, bullion bank Wall Street crowd have
hoodwinked them into a false sense of "all is well" with
the U.S. economy and their stock market investments. As
their 401K's gradually turn into 1K's, the investing
public will go berserk. The backlash against the
bullion banks and the politicians that orchestrated
the gold fraud will be like something this country has
never seen.

It is not gold that the average person cares about, it is
the money he or she worked for all their lives. The gold
scandal will come to symbolize how they were taken
advantage of by people they trusted.

I thought you might like to see how the NewsMax story
laid out:

Israeli Tanks Ready
Israeli tank and paratroop units wait near the
autonomous Palestinian town of Beit Jallah.
Security Council to Discuss Mideast Conflict

U.S. Gold Is 'Gone'
"Hard as it is to fathom, it appears that much of
America's gold is essentially gone or in severe
jeopardy," says Gold Anti-Trust Action Committee
Chairman Bill Murphy.

Rumsfeld Stares Putin Down
Defense Secretary Donald Rumsfeld made President
Vladimir Putin an offer he couldn't refuse: Go
along with American missile defense, or else.

UN Funds Being Held Up Over Int'l Criminal Court
Conservative lawmakers are threatening to hold up UN
dues unless they are approved together with the
American Service Members' Protection Act.

EPA Stalls Pollution Rules
The Bush administration postpones a decision on an anti-pollution program for the energy industry.

BILL MURPHY
CHAIRMAN
GOLD ANTI-TRUST ACTION COMMITTEE

Le Metropole Cafe

All the best,

Bill Murphy
Le Patron
www.LeMetropoleCafe.com