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Scott Thill: Gold's value is as artificial as paper money's

Section: Daily Dispatches

7:10p ET Wednesday, March 24, 2010

Dear Friend of GATA and Gold:

In an essay of reporting and commentary posted today at AlterNet, its writer Scott Thill acknowledges the gold price suppression scheme and quotes GATA's Adrian Douglas, Bill Murphy, and your secretary/treasurer while arguing that gold's value is as much a matter of confidence and psychology as the value of government currencies. Thill probably won't get much argument from GATA on that point, since our objective has been simply to let all currencies, including gold, trade freely so that people can assign their confidence without deception by governments and rapacious investment banks.

Thill's essay is headlined "Have You Caught Gold Fever? The Value of That Shiny Metal Is as Artificial as Paper Money" and you can find it at AlterNet here:

Or try this abbreviated link:

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


Prophecy Resource Corp. Appoints Rob McEwen to Advisory Board

Prophecy Resource Corp. (TSX.V: PCY, OTC: PCYRF) is pleased to announce the appointment of Rob McEwen to the company's Advisory Board. McEwen is a leading Canadian mining industry entrepreneur. He is the chairman and CEO of U.S. Gold Corp. and Minera Andes Inc. McEwen was the founder and former chairman and CEO of Goldcorp Inc., whose Red Lake Mine in northwestern Ontario, Canada, is considered to be the richest gold mine in the world. During his tenure at Goldcorp, McEwen transformed the company from a collection of small companies into a mining powerhouse, growing its market capitalization from $50 million to approximately $8 billion.

For Prophecy Resource Corp.'s complete statement:

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