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Jeff Nielson: SLV and silver manipulation

Section: Daily Dispatches

4p CT Tuesday, October 25, 2011

Dear Friend of GATA and Gold (and Silver):

Bullion Bulls Canada proprietor Jeff Nielson's commentary this week notes the similarity between the long position of the silver exchange-traded fund SLV and the silver short position of the custodian of SLV's supposed metal, JPMorganChase, a conflict of interest GATA long has complained about. (See http://www.gata.org/node/8600.) Nielson notes the hint given by CPM Group executive Jeffrey Christian during his debate with GATA Chairman Bill Murphy at the Silver Summit last week that MorganChase uses SLV silver to insulate itself against Comex futures market margin increases. Nielson concludes sardonically, "With 'enemies' like Jeffrey Christian, who needs 'friends'?" Nielson's commentary is headlined "SLV and Silver Manipulation" and you can find it at Bullion Bulls Canada here:

http://www.bullionbullscanada.com/index.php?option=com_content&view=arti...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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Golden Phoenix Signs Definitive Agreement to Acquire and Reopen Santa Rosa Gold Mine in Panama

Company Press Release
Monday, September 19, 2011

SPARKS, Nevada -- Golden Phoenix Minerals Inc. (OTC Bulletin Board: GPXM) has signed a definitive agreement to acquire a 60 percent interest, with an option to buy an additional 20 percent interest, in the Santa Rosa gold mine in Panama, now owned by Silver Global S.A., a Panamanian corporation.

Santa Rosa produced more than 100,000 ounces of gold from 1996 to 1998 before being closed in part to low gold prices, which are now more than five times higher.

Golden Phoenix intends to acquire its initial 60 percent interest in Santa Rosa by acquiring 60 percent of the share capital of a recently created company under the name Golden Phoenix Panama S.A., formed to hold and operate the mine.

Tom Klein, CEO of Golden Phoenix says: "The agreement establishes a solid framework from which we can advance Mina Santa Rosa to production-ready status."

For Golden Phoenix's complete statement, please visit:

http://goldenphoenix.us/press-release/golden-phoenix-signs-definitive-ac...



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Hilton New Orelans Riverside Hotel

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