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Here's what GATA accomplished in 2011; please help us do more in 2012
9:38p ET Sunday, January 1, 2012
Dear Friend of GATA and Gold:
GATA's 13th year, just past, was our most successful year, for many reasons.
-- We beat the Federal Reserve in our freedom-of-information lawsuit in U.S. District Court for the District of Columbia:
We proved that, contrary to its many protests that it hardly has anything to do with gold, the Fed in fact has many gold secrets that it is determined to keep, and we pried two big secrets out of the central bank -- that it has gold swap arrangements with foreign banks and that it was represented at the secret April 1997 meeting of the G-10 Gold and Foreign Exchange Committee, at which central bankers conspired to coordinate their gold market policies:
We even compelled the Fed to pay court costs to GATA:
-- GATA was a big part of the "Brad Meltzer's 'Decoded'" television program broadcast internationally in October on the History Channel that disclosed how secretive and misleading the U.S. government is about its gold reserves, starting with those at Fort Knox. The program continues to be rebroadcast internationally. A few days ago your secretary/treasurer was interviewed for an hour and a half by a video crew working for another network TV program pursuing the gold reserve issue.
... Dispatch continues below ...
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Check out the exploration program on our Allco gold/silver project :
-- A large (13,000 hectare) property, covering more than 15 square kilometers of a regional mineralized trend just 3km from a recently announced 1.2-million-ounce gold and 15-million-ounce silver deposit.
-- The property hosts historic high-grade silver workings and many mineral showings as well as former mines at the property's northern and southern boundaries.
-- A deep-penetrating airborne geophysics survey has just been completed on the entire property and neighboring deposits and its results are eagerly awaited.
To learn more about the Allco property or Northaven's other gold and silver projects, please visit:
http://www.northavenresources.com
Or call Northaven CEO Allen Leschert at 604-696-3600.
-- GATA cracked the mainstream financial news media, winning, after great effort, a favorable acknowledgement in the Financial Times:
http://www.gata.org/node/10591
Of course we also had many failures with the mainstream financial news media this year -- many trips, telephone calls, and e-mails that produced nothing at all. But maybe it's just nothing yet.
-- We consulted closely with U.S. Rep. Ron Paul, chairman of the House Financial Services Committee's Subcommittee on Domestic Monetary Policy, and his staff to get gold-related questions put to the Federal Reserve and Treasury Department
http://www.gata.org/node/10037
-- We provided crucial assistance to the federal class-action lawsuit brought against JPMorganChase for manipulating the silver market:
http://www.gata.org/node/10448
-- We compelled the Bank of England to admit that it conceals its gold transactions and interventions in the gold market:
http://www.gata.org/node/10635
http://www.gata.org/node/10778
-- We carried the cause of free and transparent markets in the monetary metals to financial conferences all over the world, including, for the first time, the biggest financial conference in Asia, the CLSA Investors Forum in Hong Kong in September:
http://www.gata.org/node/10468
-- We disclosed that the Chinese government knows all about the Western central bank gold price suppression scheme:
http://www.gata.org/node/10380
http://www.gata.org/node/10416
-- We organized our own conference in London in August, presenting, as speakers, most of the top people in gold investing from around the world, whose presence signified the growing respect for GATA's work. Despite some recent technical glitches, we hope to be offering DVDs of the conference proceedings for sale soon.
-- And of course through the daily e-mails of the GATA Dispatch we monitored and interpreted developments affecting the monetary metals and free markets.
But before we pat ourselves on the back too much, we have to admit that, despite all this progress, we have not yet won. As exposed as it has become because of GATA's work, central bank intervention in the gold market continues, more brazen than ever. We may have made the central banks double down, and perhaps cost them more gold than they expected to lose by this point, but they are still destroying markets and democracy everywhere. The struggle continues, and unfortunately the gold mining industry's trade organization, the World Gold Council, won't participate, despite an annual budget said to be greater than $60 million. That leaves the struggle to us -- and to you.
Your secretary/treasurer is a pretty good secretary and a fair enough typist, but a better treasurer would be traveling the world much more often, knocking on the doors of mining companies and investment houses, explaining GATA's work, and seeking financial contributions. We're not quite set up to do that, even as there are more lawsuits to bring against the bad guys; more journalists to appeal to, hector, and berate; more research to commission; and more clamor to raise around the world.
If you think that our accomplishments for 2011 were valuable, please consider helping us financially in 2012, especially if you haven't contributed financially before. We really shouldn't keep going back to the same loyal friends.
If you're an investor in mining companies, please contact their investor relations people and ask them to help us too. This is asking a lot, as mining companies are so vulnerable to the enemies of free markets in the monetary metals -- governments, which control mine licenses and enforce environmental regulations, and big banks and investment houses, which are both the agents of central banking and the main providers of capital for mine construction, mining being the most capital-intensive industry. But if we don't achieve free markets in the monetary metals, the industry that mines those metals will have no future, and it will die along with democracy and free markets.
This still seems to us to be a great struggle -- a struggle determining the value of all capital, labor, goods, and services in the world, a struggle over whether those things are to be valued in free markets in which everyone can participate, the democratic way, or by a few central bankers conspiring in secret, the totalitarian way.
That is, though it may not be fully perceived yet, at stake here is nothing less than the whole world.
If you're inclined to help, please visit here for the necessary information:
And if you do help, please let us know your e-mail address to make it easier for us to acknowledge your generosity. We won't share your address with anyone, and the U.S. government has it already:
Here's to a golden (and silvery) new year.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Join GATA here:
Vancouver Resource Investment Conference
Sunday-Monday, January 22-23, 2012
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
http://cambridgehouse.com/conference-details/vancouver-resource-investme...
California Investment Conference
Saturday-Sunday, February 11-12, 2012
Hyatt Grand Champions Resort
Indian Wells, California, USA
http://cambridgehouse.com/conference-details/california-investment-confe...
Support GATA by purchasing a silver commemorative coin:
https://www.amsterdamgold.eu/gata/index.asp?BiD=12
Or by purchasing a colorful GATA T-shirt:
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:
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:
To contribute to GATA, please visit:
The United States Once Again Can Establish
a Stable Dollar Worth Its Weight in Gold
Lewis E. Lehrman, chairman of the Lehrman Institute, sponsor of The Gold Standard Now project, has released a plan to restore economic growth through a stable dollar.
The plan, titled "The True Gold Standard: A Monetary Reform Plan Without Official Reserve Currencies," responds to the recurrent economic crises of the last century and outlines a detailed proposal for America's leadership on "how we get from here to there." That is, how we get from the present unstable paper dollar to a stable dollar as good as gold.
James Grant, author and editor of Grant's Interest Rate Observer, says of the Lehrman plan: "If you have ever wondered how the world can get from here to there -- from the chaos of depreciating paper to a convertible currency worthy of our children and our grandchildren -- wonder no more. The answer, brilliantly expounded, is between these covers. America has long needed a modern Alexander Hamilton. In Lewis E. Lehrman the country has finally found him."
To learn more and to sign up for The Gold Standard Now's free, noncommercial, weekly report, "Prosperity through Gold," please visit:
http://www.thegoldstandardnow.org/gata
