Challenging all the money and power in the world, GATA long has operated more or less on a shoestring. This has largely been our own fault, insofar as we have put most of our effort into research and clamor and little into fundraising. The situation has gotten critical over the last year as central banks have intensified their efforts to suppress monetary metals prices, most of the monetary metals mining industry has chosen to curl up and die guietly rather than fight back, and metals investors have suffered serious losses.
Since we're fanatics in pursuit of free and transparent markets, limited and accountable government, and fair dealing among nations, we're not discouraged at all. We have evidence that our work has had a substantial impact, influencing government policy and market opinion around the world despite a blackout in the mainstream financial news media. And it is a bit of a triumph for us that central banks intervening against the monetary metals have had to give up all subtlety for their interventions since April last year. They have gotten more scared of losing control of the markets they have been rigging than they are scared of getting caught, but the more they are caught, the less effective their rigging will be and the more likely they will be to lose control completely.
