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Gartman Letter patronizes GATA

Section: Daily Dispatches

7:36a ET Tuesday, January 23, 2007

Dear Friend of GATA and Gold:

From today's edition of The Gartman Letter, whose editor, Dennis Gartman, graciously attended GATA's reception Monday evening at the conclusion of the Vancouver Resources Investment Conference:

".... We had the opportunity to meet with the folks from GATA whilst here, and as always we enjoyed the company of GATA's leader, Mr. Bill Murphy, who is and always has been a gentleman. We had the pleasure of talking with Mr. Chris Powell, the group's president (sic). Mr. Powell's heartfelt support for GATA [for those who don't know, GATA stands for the Gold Anti-Trust Action Committee; GATA is convinced that the gold price has been manipulated downward by the likes of Goldman Sachs, JPMorgan, Citigroup, the IMF, the Federal Reserve, the ECB, and even The Gartman Letter!] is more than evident. His ability to quote from legal documents to terse and deep to keep our attention is stunning. His knowledge of supposed market manipulations from years past is mind-numbing. His mastery of complex data has our admiration, but we cannot come away from such discussions without wondering what greater good might be effected for the world if this brainpower were put to other efforts. We stand in awe of the work these men have done, of the data they have collected, of the reading and research they have done, and we can only wonder what they might have accomplished if they had become doctors or medical researchers instead. Cancer might now be cured!"

Nah, Dennis. If not for our current racket, we'd probably just be robbing banks -- to compensate for their robbing us. And when the evidence was fully and fairly heard and actually argued, a jury might not put us away quite as easily as The Gartman Letter does.

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

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