This story shall the good man teach his son
1:04a ET Friday, February 9, 2013
Dear Friend of GATA and Gold:
Jim Sinclair tonight appeals to his comrades in golden arms for a little courage.
"Gold has always been a war between sound finance and debt-ridden currencies," Sinclair writes. "When you entered the fray you joined a band of brothers and sisters as foxhole buddies in this war for both gold's and our freedom." He proposes that they take a simple pledge not to be frightened and then offers Kenneth Branagh's performance of the St. Crispin's Day speech from "Henry V," likely the greatest and noblest passage from Shakespeare, who has the king's eloquence and righteousness carrying his vastly outnumbered soldiers to victory over the French army at Agincourt.
Gold bugs surely are engaged in a war -- not just a war between sound finance and dishonest currencies but a war between democracy and plutocracy, imperialism and national self-determination, truth and lies, justice and fraud, a war against all the power and money in the world. (Well, maybe not quite all the money, insofar as the gold bugs have some of the gold, as do some of the countries resisting imperialism.)
Shakespeare's Henry foresees that the courage of his soldiers will gain them remembrance "from this day to the ending of the world." Even Sinclair might not make such a grand claim for the gold bugs. But whether they are to be remembered or not, still, as Shakespeare writes, "This story shall the good man teach his son." It is the story Sinclair has been telling and GATA has been documenting and archiving lest it be forgotten again:
And the story is being heard -- even, the other day, by the Financial Times:
So as Sinclair writes there is no reason to lose heart now.
His commentary is headlined "The CIGA Pledge," it contains a link to a video of Branagh's performance, and it's posted at JSMineSet here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Get the real story about the precious metals
from the Sprott Precious Metals Round Table
Now you don't have to travel to attend a financial conference to hear Sprott Asset Management's precious metals experts -- Eric Sprott, Rick Rule, and John Embry. They'll be holding a round-table discussion via the Internet at 2 p.m. ET Tuesday, February 12, and you can be part of it. Among their topics:
-- Why are precious metals such a compelling investment opportunity?
-- Why are non-G7 central banks buying gold? Do Western central banks have any left?
-- Why are investors buying as much silver as gold in dollar terms? What does this mean for the price of silver?
-- Is the growing supply deficit of platinum and palladium going to push their prices higher?
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Palm Desert, California
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Opinion Around the World Is Changing
in Favor of Gold -- Find Out Why
When Deutschebank calls gold "good money" and paper "bad money". ...
When the president of the German central bank, the Bundesbank, pays tribute to gold as "a timeless classic". ...
When a leading member of the policy committee of the People's Bank of China calls the gold standard "an excellent monetary system". ...
When a CNN reporter writes in The China Post that the "gold commission" plank in the 2012 Republican platform will "reverberate around the world". ...
When the Subcommittee on Domestic Monetary Policy of the U.S. House of Representatives twice called on economist, historian, and gold standard advocate Lewis E. Lehrman to testify. ...
World opinion is changing in favor of gold.
How can you learn why and what it will mean to you?
Read the newly updated and expanded edition of Lehrman's book, "The True Gold Standard."
Financial journalist James Grant says of "The True Gold Standard": "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 she has finally found him."
To buy a copy of "The True Gold Standard," please visit: