J.S. Kim: How high would metals go if investment banks didn't rig markets?


8:50a ET Friday, November 5, 2010

Dear Friend of GATA and Gold (and Silver):

J.S. Kim, founder and managing director of the SmartKnowledgeU investment research and consulting firm, takes note again today of GATA's work in his commentary headlined "How High Would Gold and Silver Prices Go if GS, JPM, and HSBC Were Barred from Participation in Gold/Silver Markets?" The essay has been reposted at Zero Hedge, so it should be getting around. You can find it at Kim's Internet site, The Underground Investor, here:


Or try this abbreviated link:


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


Prophecy to Become Coal Producer This Year
with 1.5 Billion Tonnes of Resource

Prophecy Resource Corp. (TSX.V: PCY) announced on May 11 that it has entered into a mine services agreement with Leighton Asia Ltd. to begin coal production this year. Production will begin with a 250,000-tonne starter pit as planned in August, with production advancing to 2 million tonnes per year in 2011. Prophecy is fully funded to production and its management team includes John Morganti, Arnold Armstrong, and Rob McEwen.

For Prophecy's complete press release about its production plans, please visit:


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