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Trace Mayer: What Liberty Dollar should have learned from the Godfather

Section: Daily Dispatches

11:13a ET Tuesday, March 29, 2011

Dear Friend of GATA and Gold (and Silver):

Trace Mayer, proprietor of the Run to Gold and How to Vanish Internet sites, comments on the governnment's prosecution of the Liberty Dollar operation and its founder, Bernard von NotHaus. Liberty Dollar's fatal mistake, Mayer writes, was not its use of precious metal rounds for barter but the resemblance of its rounds to government-issued coins. Mayer's commentary is headlined "What Liberty Dollar Should Have Learned from the Godfather" and you can find it at How to Vanish here:

http://www.howtovanish.com/2011/03/liberty-dollar-trial-and-coin-values/

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



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Prophecy Resource Spins Off Platinum/Palladium Venture:
World-Class PGM Deposit in Yukon

Company Press Release, January 18, 2011

VANCOUVER, British Columbia -- Prophecy Resource Corp. (TSX-V:PCY)and Pacific Coast Nickel Corp. announce that they have agreed that PCNC will acquire Prophecy's Nickel PGM projects by issuing common shares to Prophecy.

PCNC will acquire the Wellgreen PGM Ni-Cu and Lynn Lake nickel projects in the Yukon Territory and Manitoba respectively by issuing up to 550 million common shares of PCNC to Prophecy. PCNC has 55.7 million shares outstanding.

Following the transaction:

-- Prophecy will own approximately 90 percent of PCNC.

-- PCNC will consolidate its share capital on a 10 old for one new basis.

-- Prophecy will change its name to Prophecy Coal Corp. and PCNC will be renamed Prophecy Platinum Corp.

-- Prophecy intends to distribute half of its PCNC shares to shareholders pro-rata in accordance with their holdings.

Based on the closing price of the common shares of PCNC on January 17, $0.195 per share, the gross value of the transaction is $107,250,000.

For the complete announcement, please visit:

http://prophecyresource.com/news_2011_jan18.php