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Gold looks good amid the devaluation race, Einhorn tells King World News

Section: Daily Dispatches

2:32p ET Monday, January 10, 2011

Dear Friend of GATA and Gold:

Eric King of King World News today interviewed hedge fund manager and gold investor David Einhorn of Greenlight Capital, who remarks, among other things, that gold looks pretty good to him while the major currencies are in a race to devalue. Excerpts from the interview are headlined "David Einhorn: Federal Reserve's Policies Are Quite Dangerous" and you can find them at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/1/10_Da...

Or try this abbreviated link:

http://tinyurl.com/4dv9ap4

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



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Opportunity in the gold coin market

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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