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Congressional Budget Office predicts orderly decline for dollar with no problems
2:04a ET Wednesday, January 26, 2005
Dear Friend of GATA and Gold:
Below is the press release GATA distributed this
week about Gold Rush 21, our conference to
mobilize investment fund managers and precious
metals mining company executives against the
suppression of gold and silver prices.
If you are invested in precious-metals mutual
funds or particular gold or silver mining companies,
please forward this press release to their investor
relations offices with your request that the funds
and mining companies send a top executive to the
conference.
The precious metals investment and mining
industries could end the suppression of gold
and silver prices in a few months if they were
properly organized and ready to act. But the World
Gold Council won't do this; indeed, perpetually
silent in the face of central bank intervention
against precious metals prices, the World Gold
Council seems to exist mainly to ensure that there
never IS a world gold council. As Doug Casey,
editor of International Speculator, told the
Vancouver Resources Investment Conference this
week, the World Gold Council is "useless."
GATA means to change things but again we need your
help. Please contact your fund managers and mining
company executives and urge them to attend Gold
Rush 21.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Gold Anti-Trust Action Committee Plans
International Conference In Yukon
Press Release via Business Wire
Monday, January 24, 2005
http://biz.yahoo.com/bw/050124/245768_1.html
The Gold Anti-Trust Action Committee will host an
international conference Aug. 8 and 9 in Dawson City
in Canada's Yukon, the center of the Klondike Gold
Rush at the turn of the 19th century, to discuss the
suppression of the prices of gold and silver and the
need for new representation of precious metals
investors and the mining industry.
The announcement was made by GATA Chairman
Bill Murphy at the Vancouver Resources Investment
Conference in Vancouver, British Columbia.
"Since Dawson City represents the golden excitement
of the past, this historic location is just the place for
our conference as we enter a new time of excitement
for gold," Murphy said. "We will call our gathering Gold
Rush 21."
Murphy listed these goals for the conference:
* Expand GATA's role as an advocate for the precious
metals industry.
* Offer the mining industry and precious metals investors
an alternative to the World Gold Council, which represents
no more than 20 gold companies and has done little for
those it purports to represent. GATA will seek to include
more of the industry and will not align itself with the bullion
banks and jewelry interests, which want precious metals
prices suppressed. More than 40 mining and precious
metals-related companies have supported GATA in recent
years, and GATA believes that it can raise that total to 200.
* Spread GATA's message that the gold and silver markets
are not free and not fair, and develop ways to change that.
Renowned gold experts from five continents will come to the
conference and explain and discuss the price manipulation
committed by the gold and silver cartels. The conference
will show who has done it, why they did it, and what can be
done about it.
* Give conference participants a memorable trip to Klondike
Gold Rush country so they can see what a gold rush was
and what one might be again. GATA expects that conference
participants will forge memorable relationships.
* Receive suggestions from conference participants about
how GATA can best build long-term support from the precious
metals industry.
The speakers at Gold Rush 21 will include:
* Ferdinand Lips of Zurich, Switzerland. He has been managing
director of Rothschild Bank AG in Zurich, CEO of his own
private bank (Bank Lips), and a director of Randgold Resources,
Durban Roodeport Deep, and Afrikander Lease. Now he is
chairman and manager of the Top-Gold Fund, based in
Liechtenstein. He has written four books on the gold market,
his latest being "Gold Wars."
* Peter George of Cape Town, South Africa. A graduate of
Oxford University in England and the University of Cape Town,
where he received his MBA, George was a member of the
Johannesburg Stock Exchange from 1969-1981 and was
senior partner of the Johannesburg stockbrokerage Saunders
& Taylor. He became known as South Africa's "Mister Gold"
during that period. George helped organize the GATA African
Gold Summit in Durban, South Africa, in May 2001. Five
sub-Saharan African nations attended that conference,
along with representatives of major South African gold
producers and the South African mine workers union. The
summit was heavily reported by the South African
Broadcasting Co.
* John Embry of Toronto. Just as George is known as
"Mister Gold" in South Africa, Embry is becoming known
as "Mister Gold" in Canada. After an illustrious career at
the Royal Bank of Canada, where he oversaw $5 billion in
mutual fund assets and recorded an astounding return of
153 percent in 2002, in 2003 Embry became chief
investment strategist at Sprott Asset Management. He
was co-author of Sprott's important research study, "Not
Free, Not Fair: The Long-Term Manipulation of the Gold
Price," which validated GATA's work. There is no more
admired figure in the mining industry.
* Hugo Salinas Price, who may be regarded as Mexico's
"Mister Silver." Salinas Price is leading the campaign to
remonetize silver in his country, the world's foremost
producer of silver. Last November governors of all 31
Mexican states sent a letter to the Ways and Means
Committee of the Mexican House of Representatives to
urge approval of legislation to remonetize silver. Nearly
200 Mexican journalists signed a declaration in support
of the legislation. A poll by the Mexican television
network TV Azteca found that 96 percent of viewers
approved the remonetization of silver. It seems that
the only major opponent of the silver legislation in
Mexico is Mexico's central bank.
* Reginald H. Howe of Massachusetts. A successful
trial lawyer in Boston and proprietor of the
GoldenSextant.com Internet site, Howe took on the
entire Gold Cartel in U.S. District Court in Boston in
2001 by suing the Bank for International Settlements,
the U.S. Federal Reserve Board, the U.S. Treasury
Department, J.P. Morgan Chase, Citigroup, Goldman
Sachs Group, and Deutsche Bank AG. Howe stood
against more than a dozen of the highest-powered
lawyers in the world. His lawsuit has been renewed
by Blanchard Coin & Bullion's suit against J.P.
Morgan Chase and Barrick Gold in U.S. District
Court in New Orleans.
* James Turk of New Hampshire. Turk, a former
banker and manager of the commodity department
of the Abu Dhabi Investment Authority, is editor of the
Freemarket Gold & Money Report and founder of
GoldMoney.com. He is also the co-author of "The
Coming Collapse of the Dollar," just published by
Doubleday.
These men fight every day on behalf of gold and silver
investors and mining companies.
Facilities in Dawson City are very limited, so GATA
will have to restrict invitations to mining company
executives and investment fund managers, the people
who are in the best position to help us push the industry
forward. Mining company executives and fund managers
who would like to attend Gold Rush 21 should write to
GATA by e-mail at:
Confirmations will be sent soon after that.
More information about the conference can be found at
its Internet site:
GATA extends its profound gratitude to Samex Mining
Corp. and Klondike Star Mineral Corp. for their exceptional
efforts behind the scenes to make this international
conference a success.
----------------------------------------------------
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----------------------------------------------------
RECOMMENDED INTERNET SITES
FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS
NEWS AND ANALYSIS
Free sites:
http://www.cbs.marketwatch.com
http://www.capitalupdates.com/
http://www.silver-investor.com
http://www.thebulliondesk.com/
http://www.goldismoney.info/index.html
http://www.minersmanual.com/minernews.html
http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
http://www.investmentrarities.com
http://www.kereport.com
(Korelin Business Report -- audio)
http://www.plata.com.mx/plata/home.htm
(In Spanish)
http://www.plata.com.mx/plata/plata/english.htm
(In English)
http://www.resourceinvestor.com
Subscription sites:
http://www.lemetropolecafe.com/
http://www.interventionalanalysis.com
http://www.investmentindicators.com/
Eagle Ranch discussion site:
http://os2eagle.net/checksum.htm
Ted Butler silver commentary archive:
http://www.investmentrarities.com/
----------------------------------------------------
COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED
BY OUR MEMBERS
Blanchard & Co. Inc.
909 Poydras St., Suite 1900
New Orleans, Louisiana 70112
888-413-4653
http://www.blanchardonline.com
Centennial Precious Metals
3033 East First Ave., Suite 807
Denver, Colorado 80206
1-800-869-5115
http://www.USAGOLD.com
Michael Kosares, Proprietor
cpm@usagold.com
Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
http://www.ColoradoGold.com
Don Stott, Proprietor
1-888-786-8822
Gold@gwe.net
El Dorado Discount Gold
Box 11296
Glendale, Arizona 85316
http://www.eldoradogold.net
Harvey Gordin, President
Office: 623-434-3322
Mobile: 602-228-8203
harvey@eldoradogold.net
Gold & Silver Investments Ltd.
Mespil House
37 Adelaide Rd
Dublin 2
Ireland
+353 1 2315260/6
Fax: +353 1 2315202
http://www.goldinvestments.org
info@gold.ie
Investment Rarities Inc.
7850 Metro Parkway
Minneapolis, Minnesota 55425
http://www.gloomdoom.com
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889
gwestgaard@investmentrarities.com
Kitco
178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826
Fax: 518-298-3457
and
620 Cathcart, Suite 900
Montreal, Quebec H3B 1M1
Canada
Toll-free:1-800-363-7053
Fax: 514-875-6484
http://www.kitco.com
Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
http://www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000
leecoins@aol.com
Miles Franklin Ltd.
3015 Ottawa Ave. South
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
http://www.milesfranklin.com
Contacts: David Schectman,
Andy Schectman, and Bob Sichel
Missouri Coin Co.
11742 Manchester Road
St. Louis, MO 63131-4614
info@mocoin.com
314-965-9797
1-800-280-9797
http://www.mocoin.com
Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
Metalguys@aol.com
Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
http://www.swissamerica.com
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
FiGoldstein@swissamerica.com
The Moneychanger
Box 178
Westpoint, Tennessee 38486
http://www.the-moneychanger.com
Franklin Sanders
1-888-218-9226, 931-766-6066
----------------------------------------------------
HOW TO HELP GATA
If you benefit from GATA's dispatches, please
consider making a financial contribution to
GATA. We welcome contributions as follows.
By check:
Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, CT 06043-7541
USA
By credit card (MasterCard, Visa, and
Discover) over the Internet:
http://www.gata.org/creditcard.html
By GoldMoney:
http://www.GoldMoney.com
Gold Anti-Trust Action Committee Inc.
Holding number 50-08-58-L
Donors of $1,000 or more will, upon request,
be sent a print of Alain Despert's colorful
painting symbolizing our cause, titled GATA.
Donors of $200 or more will receive copies
of "The ABCs of Gold Investing" by Michael
Kosares, proprietor of Centennial Precious
Metals in Denver, Colorado, and "The Coming
Collapse of the Dollar" by James Turk and
John Rubino.
GATA is a civil rights and educational
organization under the U.S. Internal Revenue
Code and contributions to it are tax-deductible
in the United States.
