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James Turk: Gold rises in 2010 to end a stellar decade

Section: Daily Dispatches

7:50p ET Monday, January 3, 2010

Dear Friend of GATA and Gold (and Silver):

GoldMoney founder, Free Gold Money Report editor, and GATA consultant James Turk tonight summarizes the performance of gold and silver in 2010, reporting that gold did spectacularly, rising substantially in all currencies except the Australian dollar, and silver did even better. As he expects monetary debasement to remain central bank policy around the world, Turk expects 2011 to be another great year for the metals. His commentary is headlined "Gold Rises in 2010 to End a Stellar Decade" and you can find it at GoldMoney's Internet site here:

http://goldmoney.com/gold-research/gold-rises-in-2010-to-end-a-stellar-d...

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



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Opportunity in the gold coin market

Swiss America Trading Corp. alerts GATA supporters to an opportunistic area of the gold coin market. While the gold bullion market has been quite volatile lately and as of November 29 gold has risen only $7 per ounce over the last month, the MS64 $20 gold St. Gaudens coin has risen about 10 percent in the same time. The ratio between the price of these coins and the price of gold is rising. If you'd like to learn more about the ratio and $20 gold coins, Swiss America can e-mail you a three-year study of it as well as other information.

Swiss America also can provide a limited number of free copies of "Crashing the Dollar," a book written by Swiss America's president, Craig Smith.

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Sunday-Monday, January 23-24, 2011

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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