The prophet speaks again

9:27p ET Monday, November 17, 2003

Dear Friend of GATA and Gold:

No doubt many gold and silver partisans were discouraged
today by the pounding of the metals on the New York paper
markets and the corresponding decline in many gold and
silver shares. But they should not be discouraged.

Even six months ago a pounding such as today's would
have kept the gold price down for weeks and the shares
down with it. Lately the poundings don't last even through
the whole day, and some mining shares today just ignored
the Comex altogether -- Canyon, Ivanhoe, and Samex had
huge gains, and, among others, gold- and silver-bug
favorites Golden Star, Silver Standard, Wheaton, and
Iamgold closed positive.

More and more people and traders are recognizing the
collusion and desperation against gold and silver and
resolving just to ride it out. The method of selling
gold, as market analyst John Brimelow is often remarking
in GATA Chairman Bill Murphy's quot;Midasquot; commentaries over
at LeMetropoleCafe.com, reeks of desperation, being
always undertaken so blatantly to suppress the price,
not to maximize profits. Thus the shorts and the
governments behind them have given themselves away,
and, in doing so, have lost the game already.

Tan Range CEO and premier gold trader Jim Sinclair
lately has been telling the gold community that it can
win now simply by doing nothing, by holding on and just
not getting scared by the bad guys. Which is where we'll
start for recommended commentaries tonight....

Sinclair has two at his Internet site, quot;What Today Was All
Aboutquot; and quot;Gold Market Summary,quot; the latter offering a
reward of $50,000 in gold for proof of collusion among
traders on the Comex. You can find Sinclair's commentaries
here:

a href=http://www.jsmineset.com/http://www.jsmineset.com//a

CBSMarketWatch's Thom Calandra concurs in his latest
quot;StockWatchquot; column. Calandra says the pause in the
metals rally is a great buying opportunity. You can
find it here:

a href=http://cbs.marketwatch.com/news/story.asp?http://cbs.marketwatch.com/new...
column=Thom#43;Calandra's#43;StockWatchamp;dist=nwtwatchamp;siteid=mktw

Or try this abbreviated link:

a href=http://ls.shapebyforce.com/sbf/117http://ls.shapebyforce.com/sbf/117/a

Over at Gold-Eagle, Eric Hommelberg makes a painstakingly
detailed case for gold generally and for junior exploration
companies particularly, and, in doing so, credits GATA's
work. You can find it here:

a href=http://www.gold-eagle.com/editorials_03/hommelberg111703.htmlhttp://www....

Then, if, after a few deep breaths, you're feeling a little more
philosophical about today, you'll be ready for an excellent
essay at MineWeb by Philip M. Spicer, chairman of the
original gold and silver bullion fund, Central Fund of Canada,
who argues that gold is the opposite of the corruption that
dominates today's financial markets. You can find it here:

a href=http://www.mips1.net/MGGold.nsf/UNID/TWOD-5TC3WR?OpenDocumenthttp://www....

Or try this abbreviated link:

a href=http://ls.shapebyforce.com/sbf/342http://ls.shapebyforce.com/sbf/342/a

So relax. We have stumbled onto the secret knowledge
of the universe, and it's not going to be a secret much
longer. Indeed, what happened today was a victory for
our side, not a defeat, for it suggested that the secret
already is getting out, that financial people well outside
the gold and silver community are picking up on it. quot;Ye
shall know the truth, and the truth shall make you free.quot;
Maybe rich too.

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

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RECOMMENDED INTERNET SITES
FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS
NEWS AND ANALYSIS

Free sites:

a href=http://www.jsmineset.comhttp://www.jsmineset.com/a

a href=http://www.cbs.marketwatch.comhttp://www.cbs.marketwatch.com/a

a href=http://www.mineweb.com/http://www.mineweb.com//a

a href=http://www.gold-eagle.com/http://www.gold-eagle.com//a

a href=http://www.kitco.com/http://www.kitco.com//a

a href=http://www.usagold.com/http://www.usagold.com//a

a href=http://www.GoldSeek.com/http://www.GoldSeek.com//a

a href=http://www.capitalupdates.com/http://www.capitalupdates.com//a

a href=http://www.goldenbar.com/http://www.goldenbar.com//a

a href=http://www.silver-investor.comhttp://www.silver-investor.com/a

a href=http://www.thebulliondesk.com/http://www.thebulliondesk.com//a

a href=http://www.sharelynx.nethttp://www.sharelynx.net/a

a href=http://www.mininglife.com/http://www.mininglife.com//a

a href=http://www.financialsense.comhttp://www.financialsense.com/a

a href=http://www.goldensextant.comhttp://www.goldensextant.com/a

a href=http://www.goldismoney.info/index.htmlhttp://www.goldismoney.info/index....

a href=http://www.howestreet.comhttp://www.howestreet.com/a

a href=http://www.depression2.tvhttp://www.depression2.tv/a

a href=http://www.moneyfiles.org/http://www.moneyfiles.org//a

a href=http://www.howestreet.comhttp://www.howestreet.com/a

a href=http://www.minersmanual.com/minernews.htmlhttp://www.minersmanual.com/mi...

a href=http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.htmlhttp://ww...

a href=http://www.goldcolony.comhttp://www.goldcolony.com/a

a href=http://www.mineralstox.comhttp://www.mineralstox.com/a

Subscription site:

a href=http://www.lemetropolecafe.com/http://www.lemetropolecafe.com//a

a href=http://www.hsletter.comhttp://www.hsletter.com/a

Eagle Ranch discussion site:

a href=http://os2eagle.net/checksum.htmhttp://os2eagle.net/checksum.htm/a

----------------------------------------------------

COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED
BY OUR MEMBERS

Centennial Precious Metals
3033 East 1st Ave.
Suite 403
Denver, Colorado 80206
www.USAGold.com
Michael Kosares, Proprietor
US (800) 869-5115
Canada 1-800-294-9462
European Union 00-800-2760-2760
Australia 0011-800-2760-2760
cpm@usagold.com

Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
www.ColoradoGold.com
Don Stott, Proprietor
1-888-786-8822
Gold@gwe.net

Investment Rarities Inc.
7850 Metro Parkwa
Minneapolis, Minnesota 55425
a href=http://www.gloomdoom.comhttp://www.gloomdoom.com/a
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889
gwestgaard@investmentrarities.com

Kitco
178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826
Fax: 518-298-3457
and
620 Cathcart, Suite 900
Montreal, Quebec H3B 1M1
Canada
Toll-free:1-800-363-7053
Fax: 514-875-6484
a href=http://www.kitco.comhttp://www.kitco.com/a

Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000
leecoins@aol.com

Miles Franklin Ltd.
3015 Ottawa Ave. South
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
a href=http://www.milesfranklin.comhttp://www.milesfranklin.com/a
Contacts: David Schectman,
Andy Schectman, and Bob Sichel

Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
Metalguys@aol.com

Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
a href=http://www.buycoin.comhttp://www.buycoin.com/a
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
FiGoldstein@swissamerica.com

----------------------------------------------------

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