GATA's old friend B.L. has forwarded the text of an excellent letter he has e-mailed to a monetary metals mining company in which he long has been invested, asking whether the company will ever respond to the growing number of disclosures of manipulation of the gold and silver markets.
The letter easily could be adapted by any monetary metals mining company investor for e-mailing to company executives or the company's investor relations officer. So an edited version of it is appended.
If you are invested in a gold or silver mining company, please consider prodding it to confront the price-suppression issue. The failure of the industry to defend itself is a decisive factor in favor of price suppression, along with the complicity of mainstream financial news organizations.
If you do send such a letter, please let your secretary/treasurer know if you get a reply or don't get one. Maybe together we can begin to hold this timid industry to account.
CHRIS POWELL, Secretary/Treaurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
* * *
Dear --------:
I am a longtime investor in your company, holding XXXX shares of common stock. Who wouldn't stand by a debt-free North American miner with steady production, proven reserves, and a willingness to grow?
Even so, I have had to persevere through an agonizing seven-year drop in the company's share price, which is only 20 percent of what it was a few years ago. I'm certain of the cause: relentless manipulation of precious metals prices and official disinformation by grossly-indebted Western nations like my own.
So I would appreciate hearing your thoughts about this recent Canadian court settlement, which promises similar cases to come:
http://www.gata.org/node/18860
Specifically, what can a healthy, growth-oriented firm like ours do to help the mining industry break the bonds of government control so that a genuinely free market can re-emerge and thrive?
Sincerely,
XXXXXXX
* * *
