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Financial Sense aims to rehabilitate Christian in debate with GATA chairman

Section: Daily Dispatches

11:42p ET Friday, May 14, 2010

Dear Friend of GATA and Gold:

Jim Puplava's FinancialSense.com this week invited GATA Chairman Bill Murphy to debate CPM Group executive Jeff Christian about gold market manipulation. But today's Kitco News announcement of the debate has Puplava promoting it as Christian's opportunity to clarify supposed misinterpretation of his testimony at the March 25 hearing of the U.S. Commodity Futures Trading Commission.

Kitco further quotes Puplava as saying, "Just because the gold market is down doesn't mean there is a conspiracy behind it."

So much for impartiality. For GATA has been around for 11 years and not once has said that any decline in the gold price is evidence of "conspiracy."

Rather GATA has collected and published much official documentation of both open and surreptitious Western central bank intervention in the gold market to suppress the metal's price, along with much evidence of the disproportionate and suppressive influence in the market of the major investment houses that have registered as central bank agents. This is all ordinary public record, not "conspiracy," and it can be found here:

http://www.gata.org/taxonomy/term/21

The Kitco News story quoting Puplava's shilling for Christian can be found here:

http://www.kitco.com/reports/CPM_GATAdebate2.html

FinancialSense.com says it will post audio of the debate tomorrow here:

http://www.financialsense.com/metals/cftc/main.html

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



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Prophecy to Become Coal Producer This Year
with 1.5 Billion Tonnes of Resource

Prophecy Resource Corp. (TSX.V: PCY) announced on May 11 that it has entered into a mine services agreement with Leighton Asia Ltd. to begin coal production this year. Production will begin with a 250,000-tonne starter pit as planned in August, with production advancing to 2 million tonnes per year in 2011. Prophecy is fully funded to production and its management team includes John Morganti, Arnold Armstrong, and Rob McEwen.

For Prophecy's complete press release about its production plans, please visit:

http://www.prophecyresource.com/news_2010_may11.php



Join GATA here:

World Resource Investment Conference
Sunday and Monday, June 6 and 7, 2010
Vancouver Convention Centre
Vancouver, British Columbia, Canada
http://www.cambridgehouse.ca/index.php/world-resource-investment-confere...

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Support GATA by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:

http://www.goldrush21.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

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



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Coming Friday-Sunday, June 11-13, at the Dallas-Fort Worth Airport Marriot:
The Anglo Far-East Bullion Co.'s Gold and Silver Conference

The conference will explore the dangers and opportunities in today's bullion markets and the need for investors to diversify bullion holdings outside of bullion banking and commodities markets. Speakers will include David Morgan of Silver-Investor.com, Gold Anti-Trust Action Committee Chairman Bill Murphy, and Duncan Cameron and Philip Judge of Anglo Far-East Bullion Co. The earliest conference attendees on Saturday will be able to schedule one-on-one interviews for personal consultation with Anglo-Far East's experts on Sunday.

To learn more about and register for the Anglo Far-East Bullion conference, please visit:

http://www.anglofareast.com/seminar-registration/