11:15p EDT Tuesday, October 10, 2000 Dear Friend of GATA and Gold: Members of GATA and www.LeMetropoleCafe.com in Germany report that the television network that broadcasts financial news there, NTV, interviewed in prime time tonight a financial analyst who seems to have laid out GATA's case for gold and explained the manipulation of the gold market. Below are the accounts we received. Thanks so much to them for their quick correspondence. I have to believe that GATA and its Gold Derivatives Banking Crisis report have had something to do with this, as I believe they figured in the recent articles in the Frankfurter Allgemeine. We're making progress. Some very big people and institutions ARE watching what we're doing and ARE acting on it. So let's keep at it and follow Churchill's rule: Never despair. CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. * * * You will be delighted by the following very much. Today there was a five-minute interview with Martin Siegel on German television (NTV -- it's the German version of CNBC) at prime time about gold market manipulation. All relevant details were mentioned by him in these few minutes. He explained: * Huge short positions. * Investment banks like Deutsche Bank and Goldman Sachs, as well as several central banks, that are involved via leasing, selling, and pushing down the price of gold. * Finally, when central banks have lost all their gold, gold will move up explosively, probably earlier, because of changes like the Washington Agreement. This should change a lot in German investment behavior! Ralph Kutza * * * Germany's NTV channel ran an interview with Martin Siegel tonight right after the NYSE closing bell report. NTV is the German version of CNBC. The interview was broadcast at around 10:30 p.m. CET -- prime time, considering the attention still given to the American stock markets by German investors. The interview was titled "Gold -- A Manipulated Market?" Mr. Siegel did a magnificent job in getting two points across: A: Gold is not dead but is a valid investment and this year, for investors in the euro currency zone, has been more profitable than investments like NASDAQ stocks. B: Gold is manipulated by a bank pool, and politically as well. The inevitable collapse of the carry trade will result in an explosive surge in the price of gold. Mr. Siegel had only a few minutes and I am still flabbergasted by how splendidly he outlined the magnitude and danger of the manipulation in such a compressed time frame, and that NTV ran such an interview. Ralf P. Luig -END- -------------------------- eGroups Sponsor -------------------------~-~> <FONT COLOR="#000099">Last minute trips at first-rate discounts from Hotwire. </FONT><A HREF="http://click.egroups.com/1/9727/3/_/126/_/971236144/"><B>Click Here!</B></A> ---------------------------------------------------------------------_->