You are here
Jeff Nielson: SLV and silver manipulation
4p CT Tuesday, October 25, 2011
Dear Friend of GATA and Gold (and Silver):
Bullion Bulls Canada proprietor Jeff Nielson's commentary this week notes the similarity between the long position of the silver exchange-traded fund SLV and the silver short position of the custodian of SLV's supposed metal, JPMorganChase, a conflict of interest GATA long has complained about. (See http://www.gata.org/node/8600.) Nielson notes the hint given by CPM Group executive Jeffrey Christian during his debate with GATA Chairman Bill Murphy at the Silver Summit last week that MorganChase uses SLV silver to insulate itself against Comex futures market margin increases. Nielson concludes sardonically, "With 'enemies' like Jeffrey Christian, who needs 'friends'?" Nielson's commentary is headlined "SLV and Silver Manipulation" and you can find it at Bullion Bulls Canada here:
http://www.bullionbullscanada.com/index.php?option=com_content&view=arti...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Golden Phoenix Signs Definitive Agreement to Acquire and Reopen Santa Rosa Gold Mine in Panama
Company Press Release
Monday, September 19, 2011
SPARKS, Nevada -- Golden Phoenix Minerals Inc. (OTC Bulletin Board: GPXM) has signed a definitive agreement to acquire a 60 percent interest, with an option to buy an additional 20 percent interest, in the Santa Rosa gold mine in Panama, now owned by Silver Global S.A., a Panamanian corporation.
Santa Rosa produced more than 100,000 ounces of gold from 1996 to 1998 before being closed in part to low gold prices, which are now more than five times higher.
Golden Phoenix intends to acquire its initial 60 percent interest in Santa Rosa by acquiring 60 percent of the share capital of a recently created company under the name Golden Phoenix Panama S.A., formed to hold and operate the mine.
Tom Klein, CEO of Golden Phoenix says: "The agreement establishes a solid framework from which we can advance Mina Santa Rosa to production-ready status."
For Golden Phoenix's complete statement, please visit:
http://goldenphoenix.us/press-release/golden-phoenix-signs-definitive-ac...
Join GATA here:
New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2011
Hilton New Orelans Riverside Hotel
http://www.neworleansconference.com/
Support GATA by purchasing gold and silver commemorative coins:
https://www.amsterdamgold.eu/gata/index.asp?BiD=12
Or by purchasing a colorful GATA T-shirt:
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:
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:
To contribute to GATA, please visit:
For Continuous Wealth Creation, the Hera Research Newsletter
The life cycles of companies that produce natural resources allow investors to allocate assets among companies at different stages of development and to profit from transitions between stages.
Based on natural resource company life cycles, the Hera Research Newsletter maximizes profits through deep, fundamental analysis at each stage of development and by moving gains back to earlier-stage companies in a continuous wealth-creation process.
Hera Research covers a pipeline of high-quality natural resource companies at different stages of development. The companies span discovery and production of gold, silver, and platinum group metals, select base metals, oil and gas, green energy, agriculture, rare earth elements, uranium, and more.
Discover the unique value of the Hera Research Newsletter by visiting:
http://www.heraresearch.com/newsletter.html
Or call Ron Hera at 360-339-8541x101.
