Le Metropole Members,

Submitted by cpowell on 08:16AM ET Sunday, July 18, 2010. Section: Daily Dispatches
11:15a ET Sunday, July 18, 2010

Dear Friend of GATA and Gold (and Silver):

The difficult attempt of a cancer-stricken Toronto woman to exchange her Scotiabank silver certificates for real metal, witnessed last week by a writer for the Globe and Mail, whose account of the matter is appended, recalls the difficult attempt of Harvey and Lenny Organ to do the same thing with the same bank. (See http://www.gata.org/node/8513.) The bank's mistreatment of the Toronto woman is so outrageous that perhaps some of those who were skeptics of the Organs' story will begin to wonder if there isn't after all really a bullion banking policy to discourage buyers from taking possession of their metal precisely because the banks are selling far more claims to metal than they have actual metal.

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