THOSE WHO PROFIT...

Many countries, companies and individuals are deeply involved in the gold trade and benefit when the price goes up. Thus they are committed to gold and tend to promote it. Here are some of the leading members of the Gold Establishment.

PRODUCING NATIONS

sb South Africa (58% of worldoutput)

sb U.S.S.R. (21%)

sb Canada (4%)

sb U.S. (3%)

sb Papua New Guinea (2%)

MINING COMPANIES

. Anglo American Corp. of South Africa

. Campbell Red Lake Mines (Canada)

. Dome Mines (Canada)

. Gold Fields of South Africa

. Homestake Mining (U.S.)

FABRICATING FIRMS

. Degussa (W. Germany)

. Engelhard Industries (U.S.)

. Gori & Zucchi (Italy)

. Handy & Harman (U.S.)

. Johnson, Matthey & Co. (U.K.)

. Lyon Alemand (France)

BROKERAGE HOUSES (dealing in gold futures)

sb Bache Halsey Stuart Shields

sb E. F. Mutton

sb Loeb Rhoades, Hornblower

sb Merrill Lynch, Pierce, Fenner & Smith

sb Shearson Hayden Stone

BULLION DEALERS AND BANKERS

. J. Aron (U.S.)

sb Bank Leu (Switz.)

. Credit Suisse (Switz.)

. Deutsche Bank (W. Germany)

. Dresdner Bank (W. Germany)

. Johnson Matthey Bankers (U.K.)

. Mocatta & Goldsmid (U.K.)

. Mocatta Metals (U.S.)

. Samuel Montagu (U.K.)

. Republic National Bank (U.S.)

. N. M. Rothschild & Sons (U.K.)

. Sharps, Pixley (U.K.)

. Swiss Bank

sb Union Bank of Switzerland

DISTRIBUTORS

. Deak -Perera

. Dreyfus Gold Deposits

. Monex Int'l.

sb Precious Metals Co.

ANALYSTS

. ChristopherGlynn (Consolidated Gold Fields)

sb Andre Sharon (Drexel Burnham Lambert)

sb James Sinclair (James Sinclair&Co.)

sb Julian Snyder (International Moneyline)

sb Charles Stahl (Green's Commodity Report)

. Thomas Wolfe (Economic Consulting Services)

GOLD BUGS

. Harry Browne (author of New Profits from the Monetary Crisis)

. James Dines (Dines Letter)

. E. C. Harwood (Amer. Inst. for Economic Research)

sb Franz Pick (Pick's Currency Yearbook) Harry Schultz (International Harry Schultz Letter) John van Eck (International Investors Inc.)

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