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Jeff Nielson: 50 years of silver price suppression make default inevitable
10:50p ET Thursday, June 17, 2010
Dear Friend of GATA and Gold (and Silver):
GATA Board of Directors member Adrian Douglas figures in the new essay by Jeff Nielson of Bullion Bulls Canada, who figures that decades of silver price suppression have made default inevitable in the silver futures market. Nielson's essay is headlined "Fifty Years of Suppressing Silver" and you can find it at Bullion Bulls Canada here:
http://www.bullionbullscanada.com/index.php?option=com_content&view=arti...
Or try this abbreviated link:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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
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