Gold Anti-Trust Action Committee | Exposing the long-term manipulation of the gold market
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Home > Hedging strategy ambushes canny investors in Sons of Gwalia

Hedging strategy ambushes canny investors in Sons of Gwalia

Submitted by cpowell on Fri, 2004-09-03 03:00 Section: Daily Dispatches

8p ET Thursday, September 2, 2004

Dear Friend of GATA and Gold:

The World Gold Council purports to be the
representative of the gold community but until
today it had had virtually nothing to say for three
months -- not a word about Sprott Asset
Management's report confirming the manipulation
of the gold price, not a word about the collapse of
Sons of Gwalia because of excessive hedging, not
a word about Blanchard & Co.'s lawsuit against
Barrick Gold and JP Morgan Chase for
manipulating the gold market, and barely a word
about Argentina's defiance of the International
Monetary Fund by purchasing 42 tonnes of gold
for diversifying its foreign exchange reserves.

And as the world financial system creaks, groans,
and trembles all around, what was today's WGC
statement about?

It was about another advertising campaign for gold
jewelry -- anything except analysis of what really
matters to gold's future, liberating the price and
thereby restoring monetary and investment demand
and adding to individual liberty throughout the
world.

Today's statement from the gold council is
appended. The council calls its jewelry
campaign "Speak Gold." It might better be
called "Speak No Evil."

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

* * *

World Gold Council unveils 10m global advertising campaign

September 2, 2004

http://www.gold.org/news.php?id=3329273 [1]

The World Gold Council (WGC) has unveiled its latest
10 million international advertising campaign, "Speak
Gold," designed to stimulate consumer demand for
gold jewellery in key global markets.

Acclaimed photographers Michael Yamashita, William
Albert Allard, Jodi Cobb, and Joel Sartore, were asked
to capture the emotional role played by gold jewellery
in the lives of women all over the world.

Rather than using fashion models, the campaign has
used ordinary women to illustrate contemporary views
of everyday life in urban and rural settings.

The photographers captured images of women in China,
Italy, USA, and India, depicting different cultures and
similar emotional contexts with the unifying and
universal energy of gold jewellery.

The universal language and historical relevance that
are unique to gold are the key creative concepts
underpinning the "One Language Everyone
Understands" idea.

Philip Olden, the World Gold Council's managing
director of international jewellery and marketing,
commented: "By depicting women in everyday
situations in a global setting, the campaign
represents a departure from the style of advertising
which has to-date characterised the luxury goods
industry.

"Early feedback from focus groups in the U.S. and
Italy has already told us that consumers welcome
the relevance of our approach."

Steve Kershaw, group director at BBH, commented:
"We're delighted that this idea is borne out of real
consumer insights into real people and their love
for gold jewellery rather than the contrived imagery
usually associated with luxury fashion advertising."

The print-based campaign , which was created by
London agency Bartle Bogle Hegarty (BBH), will
appear in leading fashion and lifestyle titles in the
U.S. and Italy, including Elle, Vogue and Marie
Claire, from September to December 2004.

The "One Language" campaign will be rolled out into
other major international markets during 2005.

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

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

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http://www.kitco.com/ [8]

http://www.usagold.com/ [9]

http://www.GoldSeek.com/ [10]

http://www.GoldReview.com/ [11]

http://www.capitalupdates.com/ [12]

http://www.DailyReckoning.com [13]

http://www.goldenbar.com/ [14]

http://www.silver-investor.com [15]

http://www.thebulliondesk.com/ [16]

http://www.sharelynx.com/ [17]

http://www.mininglife.com/ [18]

http://www.financialsense.com [19]

http://www.goldensextant.com [20]

http://www.goldismoney.info/index.html [21]

http://www.howestreet.com [22]

http://www.depression2.tv [23]

http://www.moneyfiles.org/ [24]

http://www.howestreet.com [22]

http://www.minersmanual.com/minernews.html [25]

http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html [26]

http://www.goldcolony.com [27]

http://www.miningstocks.com [28]

http://www.mineralstox.com [29]

http://www.freemarketnews.com [30]

http://www.321gold.com [31]

http://www.SilverSeek.com [32]

http://www.investmentrarities.com [33]

http://www.kuik.com/KH/KH.html [34]
(Korelin Business Report -- audio)

http://www.plata.com.mx/plata/home.htm [35]
(In Spanish)
http://www.plata.com.mx/plata/plata/english.htm [36]
(In English)

Subscription site:

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http://www.hsletter.com [38]

Eagle Ranch discussion site:

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Ted Butler silver commentary archive:

http://www.investmentrarities.com/ [40]

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

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Blanchard & Co. Inc.
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www.USAGold.com [42]
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US (800) 869-5115
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cpm@usagold.com [43]

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www.ColoradoGold.com [44]
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Gold@gwe.net [45]

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Box 11296
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Harvey Gordin, President
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harvey@eldoradogold.net [47]

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7850 Metro Parkway
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http://www.gloomdoom.com [48]
Greg Westgaard, Sales Manager
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gwestgaard@investmentrarities.com [49]

Kitco
178 West Service Road
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Toll Free:1-877-775-4826
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and
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454 Daniel Webster Highway
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www.certifiedcoins.com [51]
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leecoins@aol.com [52]

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info@mocoin.com [54]
314-965-9797
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1-800-BUY-COIN
FiGoldstein@swissamerica.com [58]

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

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»

Source URL: https://gata.org/node/2612

Links
[1] http://www.gold.org/news.php?id=3329273
[2] mailto:gata-subscribe@yahoogroups.com
[3] mailto:gata-unsubscribe@yahoogroups.com
[4] http://www.jsmineset.com
[5] http://www.cbs.marketwatch.com
[6] http://www.mineweb.com/
[7] http://www.gold-eagle.com/
[8] http://www.kitco.com/
[9] http://www.usagold.com/
[10] http://www.GoldSeek.com/
[11] http://www.GoldReview.com/
[12] http://www.capitalupdates.com/
[13] http://www.DailyReckoning.com
[14] http://www.goldenbar.com/
[15] http://www.silver-investor.com
[16] http://www.thebulliondesk.com/
[17] http://www.sharelynx.com/
[18] http://www.mininglife.com/
[19] http://www.financialsense.com
[20] http://www.goldensextant.com
[21] http://www.goldismoney.info/index.html
[22] http://www.howestreet.com
[23] http://www.depression2.tv
[24] http://www.moneyfiles.org/
[25] http://www.minersmanual.com/minernews.html
[26] http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
[27] http://www.goldcolony.com
[28] http://www.miningstocks.com
[29] http://www.mineralstox.com
[30] http://www.freemarketnews.com
[31] http://www.321gold.com
[32] http://www.SilverSeek.com
[33] http://www.investmentrarities.com
[34] http://www.kuik.com/KH/KH.html
[35] http://www.plata.com.mx/plata/home.htm
[36] http://www.plata.com.mx/plata/plata/english.htm
[37] http://www.lemetropolecafe.com/
[38] http://www.hsletter.com
[39] http://os2eagle.net/checksum.htm
[40] http://www.investmentrarities.com/
[41] http://www.blanchardonline.com
[42] http://www.USAGold.com
[43] mailto:cpm@usagold.com
[44] http://www.ColoradoGold.com
[45] mailto:Gold@gwe.net
[46] http://www.eldoradogold.net
[47] mailto:harvey@eldoradogold.net
[48] http://www.gloomdoom.com
[49] mailto:gwestgaard@investmentrarities.com
[50] http://www.kitco.com
[51] http://www.certifiedcoins.com
[52] mailto:leecoins@aol.com
[53] http://www.milesfranklin.com
[54] mailto:info@mocoin.com
[55] http://www.mocoin.com
[56] mailto:Metalguys@aol.com
[57] http://www.swissamerica.com
[58] mailto:FiGoldstein@swissamerica.com
[59] http://www.gata.org/creditcard.html
[60] http://www.GoldMoney.com