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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (41199)	9/28/1999 6:50:00 AM
From: long-gone	Respond to of 116796

11:10p EDT Monday, September 27, 1999 Dear Friend of GATA and Gold: Harry Schultz, for 36 years publisher of The International Harry Schultz Letter, issued the following statement today, giving GATA and its chairman, Bill Murphy, credit for helping to bring about yesterday's announcement by the 15 central banks in support of gold. The Schultz statement: "The world's highest-paid investment consultant (Guinness Book), Harry Schultz, today gave the Gold Anti-Trust Action Committee and its chairman, Bill Murphy, a large measure of credit for the announcement by Euro central bank president Wim Duisenberg that bank gold sales will be limited and modest. "Schultz said, 'GATA organized pressure and made revelations that played a role in this significant EU action. A gold bull market is probably under way. Its arrival was delayed by certain bullion dealers and bullion banks who have contrived illegally to hold down the price for many years.' "Schultz also gave credit to the www.Gold-Eagle.com Internet site for its revelations. "'Some gold producers also woke up to the need to stop selling forward,' Schultz said. "'A coordinated effort by those who believe in gold as a system for honest money, which fosters honest government, is starting to pay off. The momentum will now build. The days of the price fixers are ending. It's a long road ahead to full gold freedom, but a start has been made.'" GATA Chairman Bill Murphy replied: "God bless Harry. He has been behind us all along and GATA thanks him for his unwavering and powerful support. He is one stand-up guy." Please post this as seems useful. CHRIS POWELL, Secretary Gold Anti-Trust Action Committee Inc. -END-