Mianstream breakthrough...
posted on
Apr 12, 2010 10:14AM
(Edit this Message from the "Fast Facts" Section)
the gold and silver price suppression scheme today broke into the mainstream U.S. news media thanks to the New York Post:
http://www.nypost.com/p/news/business/metal_are_in_the_pits_2arTlGNbMK7mb1uJeVHb0O
While GATA has been anticipating this story for some time and GATA board member Adrian Douglas was crucial in facilitating it, because of their sensitivity you never know whether such stories will actually be executed or whether they will be spiked at the last minute. Thanks and congratulations to the Post and its deputy business editor, Michael Gray, the story's author, for publishing it.
We now are more hopeful than ever that other mainstream news organizations will publish or broadcast something about the story. Judging from their recent contacts with GATA, at least three of the very largest such organizations seem to be pursuing it seriously. Let's hope that the observation by the late U.S. Sen. Eugene J. McCarthy still holds true: that mainstream journalists are like birds on a wire -- when one flies off, they all do.
Ordinarily we welcome suggestions from our supporters, but please don't write us with suggestions about soliciting particular prominent news organizations or journalists. We've probably already tried to get through to most of them, some of them several times. For example, television commentator Glenn Beck and Rolling Stone magazine muckracker Matt Taibbi, who seem popular with our supporters, have ignored repeated requests from us. Over the years we've spent weeks cold-calling journalists and we're not doing that anymore; it is a huge waste of our time.
But if you think that any particular journalist or news organization should be interested in the gold and silver price suppression story, please do the contacting yourself. Send a copy of your solicitation to GATA in care of your secretary/tresurer at CPowell@GATA.org and tell the news organization or journalist you're soliciting that GATA will be glad to provide more information. You can include some background information, as follows.
1) A summary of GATA's work:
http://www.gata.org/node/6519
2) A compendium of much of the documentation GATA has collected:
http://www.gata.org/node/8052
3) The full documentation section of GATA's Internet site:
http://www.gata.org/taxonomy/term/21
4) Today's New York Post story, showing that mainstream news organizations are starting to take interest in GATA's work:
http://www.nypost.com/p/news/business/metal_are_in_the_pits_2arTlGNbMK7m...
You just might prompt some interest and you'll spare GATA a lot of duplication of effort.
Some of you lately have expressed concerns about the safety of GATA's officers and their families, especially in light of the hit-and-run driver attack on GATA's whistleblower at the recent hearing of the U.S. Commodity Futures Trading Commission, Andrew Maguire. We're grateful for that concern but operate from the premise that the more noise we make, the safer we are. So please help us make noise. Thanks to the Post's story, the moment is ripe.
Of course you can be of further assistance simply by donating to GATA. Our presentations to the CFTC and news and related organizations lately have involved substantial travel expense and there likely will be more such expense.
The World Gold Council is reported to have an annual budget of more than $60 million but it exists largely to ensure that there never is a world gold council and that the gold and silver mining industry remains mute in the face of its deadly enemies. Most mining companies and executives themselves are understandably cowed, since mining is the industry most vulnerable to government because of government's control of mining and environmental permits, and since, as the most capital-intensive industry, mining is most vulnerable to big banks and investment houses for financing, banks and investment houses generally being part of the gold and silver price suppression scheme. Even many mining executives who know better can bring themselves to comment only timorously, for fear of the harm that might come to them from governments and banks. For example, if you haven't done so already, listen to this week's King World News interview with mining entrepreneur Rod McEwen:
http://www.gata.org/node/8528
For gold and silver investors and for the gold and silver mining industry -- and, indeed, for the cause of free and transparent markets throughout the world -- GATA alone delivers. If you would consider helping us financially, please visit:
http://www.gata.org/node/16
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.