7:23p ET Thursday, November 6, 2008

Dear Friend of GATA and Gold:

In his latest essay Eric Sprott, chairman of Sprott Asset Management in Toronto, explains why gold is better than cash, a proposition that does not require much argument today in places like Iceland, Brazil, and Mexico and that, Sprott believes, soon will not require a lot of argument in the United States either. Sprott's essay is headlined "Cash or Gold?" and you can find it in PDF format at the Sprott site here:

http://www.sprott.com/pdf/marketsataglance/MAAG.pdf [1]

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

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