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Gold/Mining/Energy : Dakota Mining DKT -- Ignore unavailable to you. Want to Upgrade?

To: bob k who wrote (111)	4/12/1999 10:53:00 AM
From: bob k	Respond to of 141

all from GATA "AND ON THURSDAY APRIL 8, BILL MURPHY (AS MIDAS) FOLLOWED UP WITH: One of the brightest minds I know that is associated with the gold industry ( in this case, not my former colleague, Frank Veneroso ) told me this morning that his numbers show that there are 10,000 tonnes of shorts out there right now when you add up the totals from the producer forward sales, OTC participant short sellers, trend following Comex shorts, gold borrowing shorts and writers of gold calls. 10,000 tonnes of gold is almost 4 times that of the 1998 mine supply and is about 1/3 of all the gold reserves in the central banks. My former associate, Frank Veneroso, who wrote the 1998 Gold Book Annual came up with an 8,000 tonne number about two years ago. As Frank thinks there is a larger natural supply/demand deficit than almost anyone else, it is most likely that he also thinks a 10,000 tonne number is reasonable right now." Seems to support my claim that gold should get close to $300 in next week or so (said it would be two or three weeks about two weeks ago). Still expecting. DKT $45.00 or Bust!

To: bob k who wrote (111)	4/15/1999 5:23:00 PM
From: bob k	Read Replies (1) \| Respond to of 141

The Eagle Has Landed-for your info Le Metropole members, It is with great pride and heartfelt thanks to so many of you that the Gold Anti Trust Action Committee wants to let you know that we have reached our short term fund raising goal and are now retaining Berger & Montague, one of the premier law firms in the United States, to help us launch an investigation into those that we believe have colluded to hold down the gold price. As plaintiffs' counsel Berger & Montague has recovered billions of dollars in damages in the Drexel Burnham/Michael Milken junk bond case, the Exxon Valdez case, and tobacco and Holocaust cases, among others. GATA has now received $50,400 in contributions and has other funds promised to us. This is not an official annoucement as we are working on that with our PR firm and planning an aggressive compaign against the gold shorts. We just thought you should know that we have made solid progrss and hope to be in the public arena by late next week. GATA intends to: (1) advocate and undertake litigation against collusion to control the price and supply of gold (2) expose the size of the gold loans and to alert the public as to the "systemic risk" problem that has been created (3) urge political opposition to the selling of U.S. gold, one of the United States' most treasured assets, via IMF gold sales, etc. Contributions of all denominations to help fund GATA's efforts are still very much needed. To contributors of $500 or more, GATA will present a colorful fine art reproduction of Absolut vodka artist Alain Despert's painting symbolizing the committee's crusade. GATA hopes that every gold mining company, gold fund, and mining union local will at least make that much of a donation to the cause. GATA and our PR firm are putting together the a list of appropriate names and phone numbers of members of the press that might like to come and hear what we have to say in New York. Some Cafe members may know of journalists our news publications that have correspondents in New York City that we could invite to a press conference. If you identify them to us via email back to this address, we will make sure that they are invited. All the best, Bill Murphy Chairman, Gold Anti Trust Action Committee Inc.