If Australia's new government would revive mining, confront gold price suppression

1:08p ET Sunday, September 8, 2013

Dear Friend of GATA and Gold:

Australia has just elected a new government, switching from the Labor Party to the Liberal and National Party coalition, and Reuters today quotes the new government's likely trade minister, Andrew Robb, as saying the new government's objectives will include reviving the country's mining industry:

http://www.reuters.com/article/2013/09/08/us-australia-election-idUSBRE9...

Of course GATA has an idea of how to do that: End the Western central bank gold price suppression scheme particularly and the commodity price suppression scheme generally. Indeed, seven weeks ago your secretary/treasurer sent to the governor of the Reserve Bank of Australia, Glenn Stevens, an international express mail letter requesting an invitation to make a presentation to the bank about the gold price suppression scheme and the harm it does to Australia and other commodity-producing countries. Included with the letter were copies of some of the voluminous official documentation of the scheme --

http://www.gata.org/taxonomy/term/21

-- lest the RBI think GATA just makes this stuff up.

Predictably enough the bank has not replied to the letter even to acknowledge its receipt, perhaps because the bank knows very well how the international currency markets are rigged and would prefer Australians not to know and begin wondering about the bank's complicity and failure to defend their country's interests.

But your secretary/treasurer still plans to visit Australia next month to speak at the annual Gold Symposium in Sydney --

http://gold.symposium.net.au/

-- and the Mines and Money Australia conference in Melbourne --

http://www.minesandmoney.com/australia/?utm_source=Mines_and_Money_Porta...

-- and would be delighted to make presentations to representatives of the new government as well as to Australian news organizations.

So your secretary/treasurer will be grateful to any of GATA's Australian friends who could convey this to people in their new government or news organizations. I can be reached at CPowell@GATA.org.

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