(Chris Powell, Money Metals News Service) Longstanding Western central bank policy of monetary metals price suppression has never been more vulnerable than it is today.
Governments and central banks around the world have been defecting from the policy this year, accumulating gold and silver instead of lending them.
And some countries — those associated with the BRICS group — are even thinking about creating an international currency with which they can avoid the U.S. government and the dollar and protect their sovereignty against U.S. economic sanctions.
Shorting gold through derivatives is no longer a sure mechanism for profit. To the contrary, the practice now threatens to blow up the governments, central banks, and associated banks still using it.
Documenting, litigating against, and complaining about monetary metals price suppression for 25 years, GATA has alerted investors, governments, mining companies, and news organizations around the world. No one in the monetary metals sector denies metals price suppression any longer; most people in the sector take it for granted, even as most remain too scared to discuss it lest they risk getting in trouble with their governments and banks.
The U.S. Treasury Department, its Exchange Stabilization Fund, the Federal Reserve Board, and the Bank for International Settlements have turned out not to be “conspiracy theories” but actual conspiracies in operation. If you don’t believe us, try attending their meetings. There are reasons they won’t let you in — reasons defining “conspiracy.”
But the struggle against monetary metals price suppression has not yet been won, and we need your help.
GATA is still the only organization in the world devoted to waging the struggle for free and transparent monetary metals markets, which is a struggle for a limited and accountable government generally.
Advancing this cause takes resources. It doesn’t happen on its own.
But if you help GATA today, we have something special for you.
Our friends at Money Metals Exchange in Eagle, Idaho, support our struggle so much that they have minted a beautiful 1-ounce silver round honoring GATA — and they want you to have at least one.
On the front of the round is an engraving copied from the GATA painting by Alain Despert, depicting GATA as a modern-day Don Quixote leading a march of gold and silver advocates on the U.S. Treasury Department building in Washington
The back of the round shows the torch of liberty breaking the chains of price suppression and recognizing gold and silver as the crucial defenders of liberty
You can purchase the GATA commemorative silver round from Money Metals Exchange for around $34 here:
But if you’d like to help GATA directly, each donation of $250 to GATA will entitle the donor to one of these silver rounds, which GATA will arrange to have shipped to the donor from Money Metals Exchange, which is now the operator of the largest precious metals depository in the United States west of New York, a depository larger than even Fort Knox.
Your gift today will propel GATA’s important work, and we’ll be very grateful for it.
We just need to remind donors that the metal value of each of the rounds they receive as thanks for their donation must be subtracted from the federal tax deductibility of their contribution to GATA. For example, with the silver round priced at $34, a $250 donation made to GATA would be federally tax-deductible for $216.
Of course, these silver rounds are likely to increase in value along with the silver price in the years ahead — another reason to consider supporting GATA this way.
So please consider making a donation to GATA right now — today — especially now that this special 25th-anniversary GATA silver round is available to memorialize it.
To donate, please mail a check payable to GATA to:
Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, Conn. 06043-7541 USA
Or visit GATA’s internet site here.
Please include your e-mail address so we can thank you without incurring the time and expense of surface mail. And if you’re donating $250 or more, please let us know your shipping address so we can speed the silver round on its way to you.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]
Chris Powell is a journalist in Connecticut, where he worked for the Journal Inquirer, a daily newspaper in Manchester, for 56 years, 44 of them as managing editor. He continues to write political columns for that paper and many others in the state. He frequently appears on talk radio programs on four Connecticut stations.
Powell is also secretary/treasurer of the Gold Anti-Trust Action Committee Inc. (GATA), which he co-founded in 1999 to expose and oppose the rigging of the gold market by Western central banks and their investment bank agents. He edits the GATA Dispatch, that organization’s daily electronic newsletter, and speaks on behalf of the organization at financial conferences in the United States and abroad.
He is a member of the Board of Directors of the Connecticut Council on Freedom of Information and was its state legislative chairman from 2004-2010.
