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If GATA is doing the right thing, please consider helping us
12:11p ET Sunday, June 9, 2019
Dear Friend of GATA and Gold:
For years GATA's officers have marveled among themselves that central banking's gold price suppression policy couldn't get more obvious, and each time we have been proven wrong. But in a way that may be an indicator of a certain amount of success for the organization.
For with its research, documentation, interpretation, aggregation of relevant news, complaint, and clamor, GATA does seem to have made it harder for central banks to cover their tracks in the gold market. More analysts are either acknowledging that the gold market isn't free or are ceasing their silly denials of surreptitious market manipulation undertaken or underwritten by governments.
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The futures markets, to which central banks retreated with gold price suppression policy when outright and public dishoarding of gold reserves began to fail in the 1960s and 1970s, are showing more signs of strain and producing more crazy anomalies.
Government officials themselves increasingly talk in public about gold's potential to compete with or even supplant the U.S. dollar in the world financial system, the more so as the United States is weaponizing the dollar and, it seems, threatening to expel nearly everybody from the dollar system, as if the system then would be of any use even to the United States itself.
The rising gold prices of the last few weeks give hope that markets are starting to understand what has been going on for so long. GATA is not the rooster of fable who thought his crowing made the sun rise, but if we have revealed or publicized information that has increased this understanding around the world, maybe we fairly can claim to have hastened the day of deliverance from the totalitarianism and imperialism represented by gold market rigging -- hastened the transition to limited and accountable government, fair dealing among nations, free markets, and democracy.
Of course others are far better suited to this work and more obliged to take it on -- the monetary metals mining industry itself, its trade organizations like the World Gold Council, and most of all mainstream financial news organizations. When they do their duty GATA will be glad to withdraw. We never meant this work to become a career. Indeed, if it becomes a career, it will have been a failure, and there are many other walls against which one's head well may pound, if not many that are higher, thicker, and more sinister.
So with your help we aim to press on indefinitely. Our officers lately have been doing many more interviews than usual and some of them have been quite successful in building interest in our issue. Our e-mail dispatch list recent surpassed 8,000 addresses, indicating that our reach is growing, even as we already knew that only a small fraction of the people on that list have contributed to us financially.
So if you have not already made a donation, please consider making one now. To support its work GATA should be trying to raise money constantly, but we're a small organization and not terribly adept at it. Further, of course, the monetary metals sector has been demoralized for years.
Being up against nearly all the money and power in the world, GATA can't promise victory, just to keep trying. But Isaiah prophesizes that strength will come to those who do the right thing, and history shows that the bad guys lose when they go too far. So if we are doing the right thing, we've got a chance, because the bad guys have gone way too far here.
Since GATA is a tax-exempt 501-c-3 civil rights and educational organization under the U.S. Internal Revenue Code, donations are federally tax-deductible in the United States. To donate, please visit our internet site here:
Even a contribution of $1 will be a dollar more than GATA has received or is ever likely to receive from Newmont Mining and Barrick Gold. Their indifference will make your generosity even more appreciated.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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