Resource Investor reports on Day 2 of the San Francisco gold show

Section:

By Rob Gillies
Associated Press
Monday, November 28, 2005

http://news.yahoo.com/s/ap/20051129/ap_on_re_ca/canada_elections

TORONTO -- A corruption scandal forced a vote of no-confidence
Monday that toppled Prime Minister Paul Martin's minority
government, triggering an unusual election campaign during the
Christmas holidays.

Canada's three opposition parties, which control a majority in
Parliament, voted against Martin's government, claiming his Liberal
Party no longer has the moral authority to lead the nation.

The loss means an election for all 308 seats in the lower House of
Commons, likely on Jan. 23. Martin and his Cabinet would continue to
govern until then.

Opposition leaders last week called for the no-confidence vote after
Martin rejected their demands to dissolve Parliament in January and
hold early elections in February. Monday's vote follows a flurry of
spending announcements in Ottawa last week, with the government
trying to advance its agenda ahead of its demise.

Martin is expected to dissolve the House of Commons on Tuesday and
set a firm date for the elections. Under Canadian law, elections
must be held on a Monday -- unless it falls on a holiday -- and the
campaign period is sharply restricted.

"The vote in the House of Commons did not go our way," Martin
said. "But the decision of the future of our government will be made
by Canadians. They will judge us."

The Conservative Party leader Stephen Harper joined with the New
Democratic and Bloc Quebecois parties to bring down the government --
prompting the first Christmas and winter campaign in mostly
Christian Canada in 26 years. Recent polls have given the Liberals a
slight lead over the Conservatives, with the New Democrats in third
place.

The same surveys suggest the Bloc Quebecois would sweep the French-
speaking province of Quebec, making a majority government unlikely
no matter which party wins the most seats.

Harper would become prime minister if the Conservatives receive the
most seats in Parliament. He favors tax cuts and opposed Martin's
successful bill to legalize same-sex marriage throughout Canada.

Martin has had frosty relations with the White House, standing by
the Liberal Party decision not to support the U.S. invasion of Iraq.
He also declined to join in Washington's continental ballistic
missile shield, infuriating the Bush administration, has been called
weak on terrorism, and was vocal in his opposition to high U.S.
tariffs on Canadian lumber.

His push to legalize gay marriage throughout Canada also raised the
hackles of Republicans south of the 49th parallel, but Martin is
widely respected worldwide for Canada's neutrality and open arms
toward immigrants and minorities.

Canada's Conservatives, by contrast, are seen as much more receptive
to improving relations with Washington, though a majority of
Canadians opposed the war in Iraq and the policies of President Bush.

"This is not just the end of a tired, directionless, scandal-plagued
government," Harper said after Monday's vote. "It's the start of a
bright new future for this country."

The opposition is banking on the public's disgust with a corruption
scandal involving the misuse of funds targeted for a national unity
program in Quebec.

An initial investigation absolved Martin of wrongdoing, but accused
senior Liberal members of taking kickbacks and misspending tens of
millions of dollars in public funds.

The government ran into peril this month when it lost the support of
the New Democratic Party, whose backing earlier this year helped
Martin escape a previous no-confidence motion by a single vote. New
Democrat leader Jack Layton said he had not received enough
assurances the Liberal Party would fight the increased use of
private health care in Canada.

Martin appears prepared to take his chances with a holiday campaign
and blamed his opponents for any inconvenience to the predominantly
Christian electorate.

The prime minister had promised to call an election within 30 days
of the release of a follow-up report on the corruption scandal. The
document is expected Feb. 1, which would have meant elections in the
first week of April, a time that suits Canadians better than the
bitterly cold and busy holiday season.

Although no formal agreement is in place, all the parties are likely
to agree to a pause in the campaign around the Christmas and New
Year holidays. The campaign is expected to start Tuesday, after
Parliament is dissolved.

Grace Skogstad, a political science professor at the University of
Toronto, said she believes Canadians will pay little attention to
the election until after the New Year, so Martin's opponents are
unlikely to face a backlash for forcing a holiday campaign.

"It's going to be those last three weeks after Jan. 1 that are going
to matter," said Skogstad, who believes the Liberals will win
another minority government. "For the Liberals, they are going to
try to put all the focus on the economy, which is doing phenomenally
well."

Unemployment in Canada is at a 30-year low and Canada runs a budget
surplus.

Andrew Stark, a political science professor at the University of
Toronto, also maintained that the campaign would not be decided
until the final days. Stark, however, believes the Conservatives
will win a minority government if Canadians view another Liberal and
New Democrat coalition as being unaccountable with tax money.

The last time a Canadian political campaign coincided with the
holiday season was in 1979, when Joe Clark's minority Conservative
government was toppled just weeks before Christmas. That vote was
delayed until February, however, when Pierre Trudeau and the
Liberals took back Parliament.

The latest collapse comes 17 months after an election that turned a
Liberal majority into a fragile minority on June 28, 2004.

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

To subscribe to GATA's dispatches, send an e-mail to:

gata-subscribe@yahoogroups.com

To unsubscribe, send an e-mail to:

gata-unsubscribe@yahoogroups.com

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

RECOMMENDED INTERNET SITES
FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS
NEWS AND ANALYSIS

Free sites:

http://www.jsmineset.com

http://www.cbs.marketwatch.com

http://www.mineweb.com/

http://www.gold-eagle.com/

http://www.kitco.com/

http://www.usagold.com/

http://www.usagold.com/amk/usagoldmarketupdate.html

http://www.GoldSeek.com/

http://www.GoldReview.com/

http://www.capitalupdates.com/

http://www.DailyReckoning.com

http://www.goldenbar.com/

http://www.silver-investor.com

http://www.thebulliondesk.com/

http://www.sharelynx.com/

http://www.mininglife.com/

http://www.financialsense.com

http://www.goldensextant.com

http://www.goldismoney.info/index.html

http://www.howestreet.com

http://www.depression2.tv

http://www.moneyfiles.org/

http://www.howestreet.com

http://www.minersmanual.com/minernews.html

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

http://www.goldcolony.com

http://www.miningstocks.com

http://www.mineralstox.com

http://www.freemarketnews.com

http://www.321gold.com

http://www.SilverSeek.com

http://www.investmentrarities.com

http://www.kereport.com
(Korelin Business Report -- audio)

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

http://www.resourceinvestor.com

http://www.miningmx.com

http://www.prudentbear.com

http://www.dollarcollapse.com

http://www.kitcocasey.com

http://000999.forumactif.com/

http://www.golddrivers.com/

http://www.goldpennystocks.com/

Subscription sites:

http://www.lemetropolecafe.com/

http://www.goldinsider.com/

http://www.hsletter.com

http://www.interventionalanalysis.com

http://www.investmentindicators.com/

Eagle Ranch discussion site:

http://os2eagle.net/checksum.htm

Ted Butler silver commentary archive:

http://www.investmentrarities.com/

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

COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED
BY OUR MEMBERS

Blanchard & Co. Inc.
909 Poydras St., Suite 1900
New Orleans, Louisiana 70112
888-413-4653
http://www.blanchardonline.com

Centennial Precious Metals
Box 460009
Denver, Colorado 80246-0009
1-800-869-5115
http://www.USAGOLD.com
Michael Kosares, Proprietor
cpm@usagold.com

Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
http://www.ColoradoGold.com
Don Stott, Proprietor
1-888-786-8822
Gold@gwe.net

El Dorado Discount Gold
Box 11296
Glendale, Arizona 85316
http://www.eldoradogold.net
Harvey Gordin, President
Office: 623-434-3322
Mobile: 602-228-8203
harvey@eldoradogold.net

Gold & Silver Investments Ltd.
Mespil House
37 Adelaide Rd
Dublin 2
Ireland
+353 1 2315260/6
Fax: +353 1 2315202
http://www.goldinvestments.org
info@gold.ie

Investment Rarities Inc.
7850 Metro Parkway
Minneapolis, Minnesota 55425
http://www.gloomdoom.com
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889
gwestgaard@investmentrarities.com

Kitco
178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826
Fax: 518-298-3457
and
620 Cathcart, Suite 900
Montreal, Quebec H3B 1M1
Canada
Toll-free:1-800-363-7053
Fax: 514-875-6484
http://www.kitco.com

Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
http://www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000
leecoins@aol.com

Lone Star Silver Exchange
1702 S. Highway 121
Suite 607-111
Lewisville, Texas 75067
214-632-8869
http://www.discountsilverclub.com

Miles Franklin Ltd.
3015 Ottawa Ave. South
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
http://www.milesfranklin.com
Contacts: David Schectman,
Andy Schectman, and Bob Sichel

Missouri Coin Co.
11742 Manchester Road
St. Louis, MO 63131-4614
info@mocoin.com
314-965-9797
1-800-280-9797
http://www.mocoin.com

Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
Metalguys@aol.com
http://www.buysilvernow.com

Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
http://www.swissamerica.com
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
FiGoldstein@swissamerica.com

The Moneychanger
Box 178
Westpoint, Tennessee 38486
http://www.the-moneychanger.com
Franklin Sanders
1-888-218-9226, 931-766-6066

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

HOW TO HELP GATA

If you benefit from GATA's dispatches, please
consider making a financial contribution to
GATA. We welcome contributions as follows.

By check:

Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, CT 06043-7541
USA

By credit card (MasterCard, Visa, and
Discover) over the Internet:

http://www.gata.org/creditcard.html

By GoldMoney:

http://www.GoldMoney.com
Gold Anti-Trust Action Committee Inc.
Holding number 50-08-58-L

Donors of $1,000 or more will, upon request,
be sent a print of Alain Despert's colorful
painting symbolizing our cause, titled GATA.

Donors of $200 or more will receive copies
of "The ABCs of Gold Investing" by Michael
Kosares, proprietor of Centennial Precious
Metals in Denver, Colorado, and "The Coming
Collapse of the Dollar" by James Turk and
John Rubino.

GATA is a civil rights and educational
organization under the U.S. Internal Revenue
Code and contributions to it are tax-deductible
in the United States.