John Embry's address to the Silver Summit

11:50a ET Friday, October 6, 2006

Dear Friend of GATA and Gold:

The address of Sprott Asset Management's chief investment strategist, John Embry, at the Silver Summit in Coeur d'Alene, Idaho, on Sept. 22 examined what he sees as the tremendous prospects for silver, the manipulation of the precious metals markets, and the silence of the mining industry in the face of that manipulation. Embry appealed to the industry to start standing up for itself. It was a brilliant, informative, and, let's hope, a motivating speech, and you can find it at the Sprott Internet site here:

http://www.sprott.com/pdf/silver.pdf

Mining industry investors should send it along to the investor relations departments of the companies in which they're invested and ask for comment.

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

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