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Grandich laments mining industry's obtuseness in face of price suppression

Section: Daily Dispatches

10:50a ET Saturday, February 16, 2013

Dear Friend of GATA and Gold:

Market analyst and mining company consultant Peter Grandich yesterday wrote an open letter to GATA, lamenting the failure of much of the mining industry to recognize government-inspired suppression of monetary metals prices even as it intensifies. Grandich's letter is posted at his Internet site here:

http://www.grandich.com/2013/02/a-letter-i-wrote-to-bill-murphy-and-gata/

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



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Opinion Around the World Is Changing
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When Deutschebank calls gold "good money" and paper "bad money". ...

http://www.gata.org/node/11765

When the president of the German central bank, the Bundesbank, pays tribute to gold as "a timeless classic". ...

http://www.forbes.com/sites/ralphbenko/2012/09/24/signs-of-the-gold-stan...

When a leading member of the policy committee of the People's Bank of China calls the gold standard "an excellent monetary system". ...

http://www.forbes.com/sites/ralphbenko/2012/10/01/signs-of-the-gold-stan...

When a CNN reporter writes in The China Post that the "gold commission" plank in the 2012 Republican platform will "reverberate around the world". ...

http://www.thegoldstandardnow.org/key-blogs/1563-china-post-the-gop-gold...

When the Subcommittee on Domestic Monetary Policy of the U.S. House of Representatives twice called on economist, historian, and gold standard advocate Lewis E. Lehrman to testify. ...

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