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Gold and silver go on sale

Section: Daily Dispatches

7:45p ET Monday, September 11, 2006

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler is quick to report how he sees the smashing of gold and silver over the last few days. His commentary, posted at GoldSeek's companion site, SilverSeek, is headlined "Blatant Manipulation," and you can find it here:

http://news.silverseek.com/TedButler/1158011743.php

But really -- was anyone expecting anything else from the central banks on the anniversary of the September 11 terrorist attacks? At least central bank intervention is the suggestion of Peter Grandich of the Grandich Letter, quoted by CBSMarketWatch here:

http://www.marketwatch.com/News/Story/Story.aspx?guid={20BABC5C-9551-402F-8C78-033A777F84C3}&siteId=mktw

If you've been buying mining shares with too much margin borrowing, there's probably little consolation tonight. But if you like to buy real metal when it goes on sale, which Butler considers as close to a sure thing as there is in this world, the coin and bullion dealers listed in the right column of GATA's dispatches may be able to help you. Look them up on the Internet or give them a call. That way may lie the best revenge.

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

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