Peter Grandich explains support for GATA

11:35p ET Wednesday, November 7, 2007

Dear Friend of GATA and Gold:

Smartstox's Robert Graham interviewed gold market analyst Peter Grandich of the Grandich Letter during the Cambridge Conferences gold show in Toronto last month, during which Grandich explained why he has been urging precious metals investors to donate to GATA and will even donate a dollar himself for every $10 donated by readers of his letter.

GATA, Grandich said, had helped provide him the necessary knowledge of the prospects for the precious metals and had been more correct about the metals market than anyone else.

You can listen to the Grandich interview here:

http://www.smartstox.com/analyst/peter_grandich/

Information about donating to GATA, including a link to a mechanism for making credit card contributions, can be found at GATA's Internet site here:

http://www.gata.org/node/16

If you'd care to donate in response to Grandich's appeal, please write "Grandich Appeal" in the memo field of your check. If you donate by credit card over the Internet in response to Grandich's appeal, please type "Grandich Appeal" in the fax number field of the Internet donation form.

As Grandich notes in the Smartstox interview, GATA operates on a budget that is a tiny fraction of the World Gold Council's, and yet GATA generates the most telling disclosures about the gold market while the gold council is ineffectually obsessed with young women modeling overpriced jewelry.

As understandable as that obsession may be, there's a lot more to the gold cause than that and somebody's got to do the work as long as the gold council won't. So thanks for any help you can be, and thanks to Grandich for his confidence in us.

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

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GATA is grateful for financial contributions, which are federally tax-deductible in the United States.