FreeMarketNews.com interviews GATA''s Murphy and Silver-Investor''s Morgan

Section:

9:11p ET Monday, September 6, 2004

Dear Friend of GATA and Gold

David N. Vaughn, editor of the new Gold Letter,
has written commentary defending GATA
Chairman Bill Murphy against more sniping
by MineWeb's Tim Wood. Vaughn's essay,
"The Gold Price: Management or Manipulation,"
can be found at GoldSeek.com and
FinancialSense.com here:

http://news.goldseek.com/GoldLetter/1094221403.php

http://www.financialsense.com/fsu/editorials/vaughn/2004/0902.html

Wood apparently won't be replying, at least
not from MineWeb, from which it is reported
that he has just resigned to accept a position
at International Investment Conferences,
sponsors of the major gold shows in San
Francisco, New York, Las Vegas, Cape Town, and
London:

http://www.iiconf.com/

This is the sort of thing that always seems to
happen with GATA. Murphy's enemies tend to be
the enemies of higher gold and silver prices,
and while they will denounce, mock, and
criticize him, they will never, ever engage in
debate or argument with him or GATA over the
EVIDENCE of the suppression of gold and silver
prices.

Well, Murphy didn't get into this business to
make friends with the enemies of free markets
or with those who don't care that markets may
be rigged. Indeed, indifference to market
rigging may have been Wood's parting
proclamation at MineWeb, as expressed in his
August 24 interview with Sprott Asset
Management President John Embry about the
Sprott report confirming manipulation of the
gold market:

"TIM WOOD: I would say most people start from
the premise that there's no such thing as a free
market. The minute we have a central bank involved,
you've got someone essentially who is operating
interest rates and monetary aggregates according
to certain goals. So is it realistic to believe
that gold should be any freer than anything else?"

That is, after years of ridiculing Murphy and GATA
for claiming that the gold market was rigged, Wood
revealed that he knew it all along but just wasn't
telling MineWeb's readers:

http://www.mineweb.net/sections/gold_silver/embryradio.htm

And now that Wood has been caught, he's out of here.

Murphy may be, personally, everything his enemies
say he is, except for one thing: wrong.

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

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

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

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