Jesse's Cafe Americain: GATA -- The men in the arena

Section:

12:04a ET Tuesday, November 8, 2011

Dear Friend of GATA and Gold:

Jesse's Cafe Americain yesterday paid GATA a generous compliment, invoking in our favor Theodore Roosevelt's speech "Citizenship in a Republic," delivered at the University of Paris in April 1910, a year after he retired from the presidency. We accept the compliment gratefully but humbly too, for as Roosevelt said then, "there is no effort without error and shortcoming."

Jesse writes that GATA's fight has been "long and sometimes lonely." Yes, but not so lonely anymore. Having raised the golden flag, GATA soon enough found itself joined by brilliant, decent, and courageous people of far greater talent from all over the world. We may have rediscovered more than we have discovered, but one thing we surely discovered: that in what became our pursuit of free and transparent markets, an independent and honorable currency for humanity, and limited and accountable government, we are not alone.

Jesse's commentary is headlined "GATA: The men in the arena" and you can find it here:

http://jessescrossroadscafe.blogspot.com/2011/11/gata-men-in-arena.html

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



ADVERTISEMENT

Golden Phoenix Completes Operating Agreement
for Santa Rosa Gold Mine in Panama

Golden Phoenix Minerals Inc. (GPXM) has entered a joint venture operating agreement with Silver Global S.A., a Panamanian corporation, governing the operational and management aspects of their new joint venture company, Golden Phoenix Panama S.A., a Panamanian corporation formed to hold and operate the Santa Rosa gold mine in Canazas, Panama, and explore the mine's adjacent property.

Golden Phoenix will be manager of the joint venture company. Silver Global will handle all social programs, political and community relations, and human resource matters for the joint venture company in Panama. Golden Phoenix and Silver Global also have agreed to work together on all future acquisitions within Panama and to bring such new opportunities to the joint venture company.

Golden Phoenix will be earning in to a 60 percent interest (and potentially an 80 percent interest) in the Santa Rosa mine. Upon signing the joint venture agreement and completing the corresponding acquisition payment, Golden Phoenix will earn an initial 15 percent interest in the joint venture company.

Tom Klein, CEO of Golden Phoenix, says the agreement "creates a solid foundation for the development and planned re-opening of Mina Santa Rosa."

For Golden Phoenix's full statement on the joint venture operating agreement, please visit:

http://goldenphoenix.us/press-release/golden-phoenix-completes-joint-ven...



Support GATA by purchasing gold and silver commemorative coins:

https://www.amsterdamgold.eu/gata/index.asp?BiD=12

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:

http://www.goldrush21.com/

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16



ADVERTISEMENT

For Continuous Wealth Creation, the Hera Research Newsletter

The life cycles of companies that produce natural resources allow investors to allocate assets among companies at different stages of development and to profit from transitions between stages.

Based on natural resource company life cycles, the Hera Research Newsletter maximizes profits through deep, fundamental analysis at each stage of development and by moving gains back to earlier-stage companies in a continuous wealth-creation process.

Hera Research covers a pipeline of high-quality natural resource companies at different stages of development. The companies span discovery and production of gold, silver, and platinum group metals, select base metals, oil and gas, green energy, agriculture, rare earth elements, uranium, and more.

Discover the unique value of the Hera Research Newsletter by visiting:

http://www.heraresearch.com/newsletter.html

Or call Ron Hera at 360-339-8541x101.