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Published on Gold Anti-Trust Action Committee (http://www.gata.org)

The monetary metals mining industry won't help, so we need yours by Sunday

By cpowell
Created 2017-12-29 02:09

9:17p ET Thursday, December 28, 2017

Dear Friend of GATA and Gold:

Credit-card contributions in GATA's weeklong fundraising campaign passed $6,000 today, and while some checks by mail have been promised, they have not yet arrived, so with three days to go we are still well short of meeting the $10,000 matching grant challenge posed last Sunday by Stefan Gleason of Money Metals Exchange.

Several donors today apologized for what they saw as the smallness of their contributions. A longtime friend of GATA from Australia who is living on a disability pension regretted that he could send only $10. Yet of course that was a significant amount for his means, and your secretary/treasurer told him not to worry, for his generous donation was $10 more help than GATA has ever received from Newmont Mining. Whereupon he fired off a complaint to an investor relations official at Newmont about the company's failure to join the struggle against the international central bank gold price suppression scheme. That's effort!

... Dispatch continues below ...



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Of course he is not likely to get a response, or at least not a response that seriously addresses the issue. Most monetary metals mining companies -- not all, but 99 percent -- are too scared to acknowledge the suppression of the price of their products, for two reasons.

First, governments are behind the price suppression scheme and they heavily regulate mining companies, controlling mining rights, royalty requirements, and enforcement of environmental rules. Indeed, in most jurisdictions mining is the most regulated business.

And second, since mining is the most capital-intensive industry, with hundreds of millions and even billions of dollars of investment required to open a mine, the mining industry is the most dependent on the big investment banks, which are formally agents of central banks. (In the United States the big investment banks are designated primary dealers in U.S. government securities and thus have the most intimate and corrupt relations with the government.)

Even so, monetary metals mining companies are left with the choice of dying on their knees or risking dying on their feet, and if they risked fighting, they might find some protection in exposing what their governments are desperate to conceal. Such exposure might greatly minimize the risk of retaliation.

Until the monetary metals mining industry takes over the fight, GATA will wage it -- if we have your help. Once again, no donation is too small, every donation brings great encouragement, and every donation received by Sunday night can be doubled until we reach $10,000.

There are nearly 8,000 people on GATA's e-mail dispatch list. If each one donated just a dollar, we'd reach the goal easily. So far 71 of you have responded. If you're not among them, please visit our "How to Help" page here:

http://www.gata.org/node/16 [5]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org [6]

* * *

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 21-22, 2018
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/e/vancouver-resource-investment-conference-20... [7]

GATA reception
Lions Pub
888 West Cordova St., Vancouver, British Columbia, Canada
5-7 p.m. Monday, January 22, 2018

Mining Investment Asia
Monday-Wednesday, March 26-28, 2018
Marina Bay Sands, Singapore
https://www.mininginvestmentasia.com/ [8]

Mines and Money Asia
Tuesday-Friday, April 3-6, 2017
Hong Kong Convention and Exhibition Centre
https://asia.minesandmoney.com/ [9]

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org [10]

To contribute to GATA, please visit:

http://www.gata.org/node/16 [11]


Source URL:
http://www.gata.org/node/17915