Jim Puplava interviews GATA''s Bill Murphy and trader/analyst Eric King

9:40a Saturday, March 6, 2004

Dear Friend of GATA and Gold:

If you haven't yet written a letter to the Commodity
Futures Trading Commission, an excellent example of one,
sent by our friend B.L., is appended. Please do make
your voice heard. Friday's conviction of Martha Stewart
on charges arising from insider trading may put the
authorities under pressure to prove that they want
more than a show trial involving events that had little
impact on the markets.

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

* * *

LETTER TO THE CFTC

Michael Gorham
Director of Market Oversight
Commodity Futures Trading Commission
3 Lafayette Centre
1155 21st St. NW
Washington, DC 20581

Dear Director Gorham:

I won't pretend to be an expert on the commodity exchanges
over which your agency has responsibility to ensure
compliance with applicable law. I'm sure, though, that even
a lay investor like me -- always long -- faces incredible odds
against success in the current silver market.This isdue
toa
preponderance of commercial interests on the short side,
ensuring their protection from supply-demand dynamics of
epic proportion. For reasons you have to be aware of, these
commercial interests are trying to prevent a truly free market
from swamping their positions.

Why this has been allowed to go on, I can only guess.
Regardless, I am asking you to step in and correct an
unethical and most likely illegal situation.

For any market, commodity or otherwise, to be credible,
it must be fair and free of manipulation.

Thank you, in advance, for addressing this problem.

Respectfully,

B.L.

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Ted Butler silver commentary archive:

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----------------------------------------------------

COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
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BY OUR MEMBERS

Centennial Precious Metals
3033 East 1st Ave.
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Denver, Colorado 80206
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Michael Kosares, Proprietor
US (800) 869-5115
Canada 1-800-294-9462
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Don Stott, Proprietor
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Box 11296
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Harvey Gordin, President
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178 West Service Road
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Contacts: David Schectman,
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Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
FiGoldstein@swissamerica.com

----------------------------------------------------

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