Canada''s ROB-TV to interview GATA chairman on Dec. 16

Section:

From Free Market News
Tuesday, December 6, 2005

http://www.freemarketnews.com/WorldNews.asp?nid=3034

Soon after receiving its 1,000th signature on its pro-ETF petition,
the fledgling Silver Association was apparently hacked. The site was
down for nearly a full 24 hours from Dec 4, late evening through
Dec. 5 late evening. ...

Sources close to site administrators confirmed that the initial,
tentative, diagnosis was "hacking." Said one source, "Someone
doesn't seem to want us up."

Soon after attracting its 1,000th signature to its petition to
promote the public offering of a Barclays' exchange traded silver
fund (ETF), the Silver Association sent a letter to the Securities
and Exchange Commission (SEC), which is reviewing Barclays' ETF
before deciding if and when to release it.

The letter, written to SEC chairman Christopher Cox, read in part as
follows:

"As you are aware, there has been some resistance to the creation of
the proposed Barclays silver ETF. The primary argument given by
third parties for why the ETF should not be approved is that it
could stimulate demand and raise silver prices. This argument is an
unfounded reason to block the ETF, and is clearly not in the
interest of market participants. In the long run this policy may
prove to work against silver consumers. If there is indeed a lack of
abundance in silver supplies, increased investment will be necessary
in order to create a larger capacity for producing silver. ...

"The Silver Association is a grassroots organization that was
created for the purpose of protecting the interests of silver
miners, providers and investors. Within the last two weeks, over
1,000 individuals have signed The Silver Association petition in
support of a silver ETF. More and more people are signing it every
day, and they will not go unheard."

The Silver Association site is operating again and you can see the
petition's signatures and sign the petition here:

http://www.silverassociation.org/petition1.php

The association's letter concluded: "The Silver Association holds
the position that the creation of a silver ETF would be equally
beneficial for both silver providers and consumers. We urge the SEC
to complete the passage of the Barclays silver ETF because by doing
so the SEC and its members will demonstrate that they are truly
aligned with its purpose and mission statement."

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