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Julian Phillips: Manipulation/management -- controlling the gold price
8:35p ET Wednesday, January 2, 2008
Dear Friend of GATA and Gold:
Julian Phillips of Gold Forecaster explains in his new essay, "Manipulation/Management: Controlling the Gold Price," how central banks, bullion banks, and major mining companies worked together for many years to suppress the price of gold while keeping the major mining companies profitable. Phillips adds that markets always will overcome a manipulation, and maybe he's right, but it's a question of time rather than mere confidence, and some of us had hoped to live long enough to see the end of this particular manipulation. Hence GATA's undertaking more to hasten the end of it than to be like other observers in merely predicting its demise. You can find Phillips' new essay at GoldSeek here:
http://news.goldseek.com/GoldForecaster/1199311066.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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Join GATA here:
Vancouver Resource Investment Conference
Sunday-Monday, January 20-21,2008
Vancouver, British Columbia, Canada
http://www.cambridgeconferences.com/
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Friday and Saturday, April 18 and 19, 2008
Maybe "Gold Rush 21 Reloaded -- Shocks from Fort Knox"?
Washington, D.C., area
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