Investment firm chief backs GATA on Bloomberg Asia TV

10:40p ET Monday, November 9, 2009

Dear Friend of GATA and Gold (and Silver):

Viewers of Bloomberg Television's Asian news programming today saw a vigorous endorsement of GATA's work by Juerg Kiener, managing director and chief investment officer of Swiss Asia Capital in Singapore.

Bloomberg Asia TV moderator Bernard Lo, interviewing Kiener about gold, asked him what he thought of GATA. Kiener replied that he supports what GATA is saying about manipulation of the gold market. "Central banks will always try to keep the currency up and keep the alternative down," Kiener said. He added that it is "impossible" for two banks to hold most of the short position in the silver futures market without it being manipulation.

Lo announced that he will have GATA Chairman Bill Murphy on his program this month.

You can watch Lo's interview with Kiener at the Bloomberg Internet site here:

http://www.bloomberg.com/avp/avp.htm?N=av&T=Kiener%20Says%20Gold%27s%20%...

Or try this abbreviated link:

http://tinyurl.com/yg36uj9

But do not watch this interview if you live in North America. You're not supposed to see stuff like this within 3,000 miles of New York and Washington.

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

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