Gold and silver shorts losing control, Turk tells King World News

Section:

4p ET Wednesday, December 29, 2010

Dear Friend of GATA and Gold:

GoldMoney founder, Free Gold Money Report publisher, and GATA consultant James Turk tells King World News that the ascent of gold and silver even at the end of the year, when the market-rigging shorts most want to suppress prices to disparage the benchmark values of the precious metals, signifies that the shorts are losing control. That's the headline on an excerpt of Turk's interview -- "Gold and Silver Shorts Are Losing Control" -- and you can find it at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/12/29_J...

Or try this abbreviated link:

http://tinyurl.com/26p9q92

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



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Prophecy Drills 71.17 Metres of 0.52 percent NiEq
(0.310 percent Nickel 0.466 g/t PGMs +Au and 0.223 percent copper)
from surface at Wellgreen Project in the Yukon

Prophecy Resource Corp. (TSX-V: PCY) reports that it has received additional assays results from its 100-percent-owned Wellgreen PGM Ni-Cu property in the Yukon, Canada. Diamond drill holes WS10-179 to WS10-182 were drilled during the summer of 2010 by Northern Platinum (which merged with Prophecy on September 23, 2010). WS10-183 was drilled by Prophecy in October 2010. Highlights from the newly received assays include 71.17 metres from surface of 0.52 percent NiEq (0.310 percent nickel, 0.466 g/t PGMs + Au, and 0.233 percent copper) and ended in mineralization. For more drill highlights, please visit:

http://prophecyresource.com/news_2010_nov29.php