Gold and silver are money again, Eric Sprott tells King World News


11:25a CT Saturday, October 30, 2010

Dear Friend of GATA and Gold (and Silver):

Sprott Asset Management CEO Eric Sprott praised GATA's work in his address to the New Orleans Investment conference yesterday and today is interviewed by Eric King at King World News, where he discusses the prospects for gold and silver and their mining shares as well as the increasing remonetization of gold and silver. The interview is about 14 minutes long and you can find it at King World News here:

Or try this abbreviated link:

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


Prophecy Resource Goes Into Production
at Ulaan Ovoo Coal Mine in Mongolia

A commission appointed by Mongolia's Ministry of Mineral Resources and Energy has conducted the final permit inspection at Prophecy Resource Corp.'s Ulaan Ovoo mine site and has instructed the company to begin coal production. Prophecy Resource (TSX.V: PCY) has begun production of its first 10,000 tonnes of coal as a trial run of supply to be taken by rail to electric power stations in Darkhan and Erdenet, Mongolia's second and third largest cities after the capital, Ulaanbaatar. The company is the second-ever Canadian mining company to get a permit to mine in Mongolia and start production there.

For the company's complete announcement, please visit:

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Or a colorful poster of GATA's full-page ad in The Wall Street Journal on
January 31, 2009:

Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:

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