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ROB-TV sponsors 'The Great Gold Debate'

Section: Daily Dispatches

12:13a ET Wednesday, September 20, 2006

Dear Friend of GATA and Gold:

For an hour Tuesday Canada's Report on Business Television sponsored "The Great Gold Debate" between our hero, John Embry, chief investment strategist for Sprott Asset Management in Toronto; Paul van Eeden, the well-known gold market analyst and president of Cranberry Capital; and Stephen Hochberg, chief market analyst for Elliot Wave International.

The most telling parts of the program may have been when Embry read one of the several official confessions of the gold price suppression scheme, the speech of William R. White of the Bank for International Settlements, delivered to a BIS conference in June 2005, wherein White identified suppressing the price of gold as one of the five primary purposes of international central bank cooperation:

Whereupon van Eeden and Hochberg insisted again that there is no evidence of central bank intervention against gold.

Well, as somebody said a long time ago, there are none so blind as those who will not see. U.S. Treasury Secretary Henry Paulson might have stopped by the ROB-TV show to give the panelists U.S. Government-issued boxes of Cracker Jacks with gold eagles or maples as the surprises in them and van Eeden and Hochberg might have said only, "Yummy! There's no evidence of central bank intervention against gold!"

After all, haven't the Elliott Wavers been short gold since about $285? (For their sakes let's hope that they have been only theoretically short; otherwise they couldn't afford even Cracker Jacks.)

Anyway, you can watch "The Great Gold Debate" for a week at the ROB-TV archive here:

It's in the Tuesday section at 12:30 p.m.

The Canadian commercials are always interesting, and unlike TV in the United States not one of them mentions erectile dysfunction or laxatives. It's almost like being young again.

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

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Sunday-Monday, September 24-25, 2006

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