11:42p ET Friday, May 14, 2010
Dear Friend of GATA and Gold:
Jim Puplava's FinancialSense.com this week invited GATA Chairman Bill Murphy to debate CPM Group executive Jeff Christian about gold market manipulation. But today's Kitco News announcement of the debate has Puplava promoting it as Christian's opportunity to clarify supposed misinterpretation of his testimony at the March 25 hearing of the U.S. Commodity Futures Trading Commission.
Kitco further quotes Puplava as saying, "Just because the gold market is down doesn't mean there is a conspiracy behind it."
So much for impartiality. For GATA has been around for 11 years and not once has said that any decline in the gold price is evidence of "conspiracy."
Rather GATA has collected and published much official documentation of both open and surreptitious Western central bank intervention in the gold market to suppress the metal's price, along with much evidence of the disproportionate and suppressive influence in the market of the major investment houses that have registered as central bank agents. This is all ordinary public record, not "conspiracy," and it can be found here:
>http://www.financialsense.com/metals/cftc/main.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
