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GATA - Gold Anti-Trust Action Committee
Manchester, Conn.

The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. The committee arose from essays by Bill Murphy, a financial commentator, and by Chris Powell, a newspaper editor in Connecticut, published at Murphy’s Internet site, www.lemetropolecafe.com.

GATA - Gold Anti-Trust Action Committee is not verified as a 501(c)3 organization.

Latest News

Sep 22, 2018

10:47a ET Saturday, September 22, 2018

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and your secretary/treasurer will be speaking again this year at the New Orleans Investment Conference, and if you register to attend the conference through GATA, the conference will generously pay us a commission that will help keep the organization going.

Apart from helping GATA, the conference is offering attendees an extraordinary money-back guarantee -- that if the investments you make as a result of your attendance don't at least quadruple in value within six months, your registration fee will be refunded.

... Dispatch continues below ...



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The conference isn't exactly inexpensive but then it remains the most serious and comprehensive investment conference in the United States -- four days, Thursday through Sunday, November 1-4 -- smack in the middle of a fascinating and beautiful city renowned for its restaurants and history. Indeed, you'd do well to give yourself an extra few days in New Orleans just to explore and enjoy the place quite apart from the conference.

The conference always covers the monetary metals thoroughly and long has made room for politically incorrect opinions about them and public issues generally, so no one is ever bored there.

A letter from conference organizer Brien Lundin explaining the conference and describing some of this year's speakers is below. Please check it out and, if you decide to attend the conference, use the internet registration link provided --

https://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Po...

-- since it will identify you as someone recruited by GATA.

That link also operates with the advertisement for the conference that appears at the top of the home page of GATA's internet site.

We hope to see you in New Orleans in November.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]

* * *

In Today's Uncertain World, There's Only One Sure Investment

By Brien Lundin
New Orleans Investment Conference
Friday, July 27, 2018

Growing geopolitical worries have joined with massive debts and currency creation to virtually guarantee much higher gold prices.

No wonder investors are flocking to the world's oldest, most exclusive, and most profitable investment event.

For well over four decades -- through some of the most turbulent and dangerous times in investing -- the record shows there is no better place to find profits and safety than the legendary New Orleans Investment Conference.

But this year's blockbuster event will be one of the most exciting in the long history of the New Orleans conference.

That's because we've reached a dramatic turning point in the global economy and the markets.

The Fed continues to raise rates -- even as the federal debt is exploding higher.

The rest of the world's central banks are about to begin their own monetary tightening -- likely driving the dollar lower in reaction.

Stocks are bouncing around like crazy but are still priced for perfection near record levels.

Inflation is surging higher while commodity production and prices are still low.

And gold has confirmed a new bull market but is still hovering below key technical break-out levels.

It all adds up to a new level of risk and opportunity -- one that investors need to be prepared for.

This is what the New Orleans Investment Conference was built for. This year's conference will be held Thursday through Sunday, November 1-4.

In our 44-year history, the New Orleans Investment Conference has never failed to deliver rich returns (and wealth-protecting strategies) during times of market uncertainty.

It's why we can guarantee investors will quadruple their investment in the event.

To capitalize on this year's opportunity, we're gathering dozens of the world's top experts in geopolitics, economics and the resource markets, including:

-- One of today's hardest-hitting and most entertaining political analysts, Mark Steyn…

-- The inspirational author of "Rich Dad, Poor Dad," the No. 1 selling personal finance book of all time, Robert Kiyosaki -- plus his top tax expert, Tom Wheelwright…

-- Wall Street's most insightful and eloquent market commentator, James Grant.

-- The forceful -- and funny -- political commentator Jonah Goldberg.

-- The king of controversy and contrarianism, Doug Casey.

-- Popular and prescient investment authority Peter Schiff.

-- The ultimate guides to "Plan B" wealth and lifestyle preservation, Chris Martenson and Adam Taggart of PeakProsperity.com.

-- Hedge fund guru and legendary trader Dennis Gartman.

-- Master resource investor Rick Rule.

-- Peter Boockvar, perhaps the most influential economist in the world.

-- Wildly successful newsletter editor Nick Hodge.

-- Masters of property and tangible asset investing, The Real Estate Guys.

-- Plus the world's leading authorities on gold, silver, mining stocks, and every investment sector, including Guy Adami, Adrian Day, Brent Cook, Mary Anne and Pamela Aden, Mark Skousen, Robert Prechter, Eric Coffin, Steve Hochberg, Lindsay Hall, Omar Ayales, Thom Calandra, Gary Alexander, Chris Powell, Bill Murphy, and more.

It's all happening at this year's New Orleans Investment Conference.

For well over four decades the conference has helped investors learn how to protect and build wealth during uncertain markets.

And during that time we've repeatedly seen stocks recommended at the conference double, triple, and even grow 10, 20, and more times in value.

Remarkably, results like these are not at all unusual.

That's because the New Orleans conference is the most important investment gathering of the year and brings together the brightest, most successful analysts and investors.

How special is this event?

-- It has attracted dozens of the most celebrated figures in modern history, including Lady Margaret Thatcher, Ayn Rand, Alan Greenspan, Milton Friedman, F.A. Hayek, Barry Goldwater, Steve Forbes, Henry Kissinger, Ron Paul, and more.

-- It boasts a reputation of inviting only the most successful and deadly-accurate analysts, many of whom save their best recommendations to unveil on our stage.

-- It has brought together the most sophisticated and successful individual investors, mavericks who don't follow the herd but rather search for valuable, unhedged, and unbiased information.

This is why previous attendees will attest that the New Orleans conference has never failed to deliver stock picks that have doubled, tripled, and even quadrupled in value during the weeks and months following the conference. But many of our picks do much better.

FACT: A number of stocks recommended at recent Conferences have gone on to multiply over 20 times in value, enough to turn a modest $5,000 investment into a whopping $100,000, or $25,000 into half a million dollars.

And whenever the metals and mining shares are in a bull market -- as they are now -- the New Orleans conference really shines.

Over our history we're known for showing investors how to shield their wealth during turbulent times and how to build fortunes from the powerful strategies and specific picks our speakers provide in a gold bull market.

In fact. ...

We'll guarantee that you'll quadruple your investment.

This opportunity is so important, and we're so confident that the New Orleans conference will pay for itself many times over, that we'll offer you this ironclad guarantee:

If you attend New Orleans 2018 and don't make back at least four times the money you paid to register -- in six months or less -- just let us know. We'll happily give you a prompt, hassle-free refund on your entire registration fee. Every penny.

You can't lose -- unless you don't act immediately to secure your place at New Orleans 2018.

But here's the problem: Our registration fee is about to soar, and at some point we'll likely completely sell out.

So if you hope to get in at the current early-bird rate, and enjoy our quadruple-your-money-or-it's free guarantee.

You'll need to call us at 1-800-648-8411 right now or click on this link to learn more and register:

http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

Given the dramatic turning point we're facing in the markets, New Orleans 2018 could turn out to be the most profitable investment event in decades -- perhaps in the entire 44-year history of the Conference.

The strategies and picks our celebrated speakers deliver could yield a fortune for you.

Or nothing if you don't attend.

And here's one other word of warning: We frequently sell out of every available hotel room for this event.

If you don't act now, we can't guarantee you'll be able to attend and reap the rewards New Orleans 2018 will give you.

All you have to do is register now, while space is still available. And doing so couldn't be easier. Just click on this link --

http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

-- or call toll-free 1-800-648-8411 to secure your place now.

After you click the link, select the green "Tickets" bar, then click on "Enter Promotional Code" and use code FREEGOLDCLUB to unlock your discount.

A special benefit of the New Orleans Conference is our beautiful city itself. So in addition to world-class market intelligence, you'll enjoy the wonderful, old-world charm of New Orleans, with the food, entertainment, and joie de vivre that make it America's most interesting city.

And for this year's conference we'll also bring the best of New Orleans to you, with gala celebrations and receptions throughout the event.

Here's one more, last-minute opportunity: If you can register right now -- while this limited offer is in effect — we'll give you a FREE Gold Club Upgrade for you and your guests.

A $189-per-person value, your Gold Club status will entitle you to a special private viewing room with day-long coffee service, exclusive Q&A sessions with selected speakers following their presentations, special reports and investment information exclusively for you, and deep discounts on conference audio and video recordings and other valuable investment products.

But space is limited and we cannot guarantee availability.

To claim your Gold Club status, be sure to act immediately and enter the promotional code FREEGOLDCLUB when you register.

We hope to see you in New Orleans.

BRIEN LUNDIN
New Orleans Investment Conference

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Sep 21, 2018

12:56p ET Friday, September 21, 2018

Dear Friend of GATA and Gold:

The U.S. Commodity Futures Trading Commission this week announced it has imposed penalties on two futures traders for attempting to manipulate the gold market and other markets with "spoofing" trades:

https://www.cftc.gov/PressRoom/PressReleases/7797-18

https://www.cftc.gov/PressRoom/PressReleases/7796-18

In response, GATA is asking the commission whether its jurisdiction covers futures market manipulation by the U.S. government or brokers acting for the U.S. government, or whether such manipulation is authorized by law, like the Gold Reserve Act of 1934 as amended in the 1970s, which established the U.S. Treasury Department's Exchange Stabilization Fund:

https://www.treasury.gov/resource-center/international/ESF/Pages/esf-ind...

... Dispatch continues below ...



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The letter containing GATA's inquiry to the CFTC is posted in PDF format here:

http://www.gata.org/files/GATALetterCFTC-09-21-2018.pdf

U.S. citizens can assist this endeavor by asking their members of Congress to urge the CFTC to reply promptly to GATA's inquiry.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

AttachmentSize
GATALetterCFTC-09-21-2018.pdf342.84 KB

Sep 21, 2018

12:37p ET Friday, September 21, 2018

Dear Friend of GATA and Gold:

Now that the Shareholders Gold Council has formally gotten started, according to the Bloomberg News report dispatched to you a little while ago --

http://www.gata.org/node/18509

-- GATA today is appealing to the council's founder, investment fund manager John Paulson, to allow GATA to make a presentation to the council about the longstanding policy of Western governments and central banks to intervene in the gold market surreptitiously to suppress the monetary metal's price.

... Dispatch continues below ...



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The council represents a lot of influence in the monetary metals mining business and the financial markets and might do much to help expose and end the market manipulation.

Of course the World Gold Council ignores this issue and seems to exist mainly so that there might never be a world gold council. Maybe the Shareholders Gold Council can be more relevant both to investors in the monetary metals and to the cause of free markets and transparent and limited government.

GATA's appeal to the Shareholders Gold Council is posted in PDF format here:

http://www.gata.org/files/PaulsonLetter.pdf

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

AttachmentSize
PaulsonLetter.pdf679.64 KB

Sep 21, 2018

12:20p ET Friday, September 21, 2018

Dear Friend of GATA and Gold:

Responding today to your secretary/treasurer's request a few days ago that he consider the possibility that the U.S. government is the real party in interest behind the rigging of the monetary metals markets and that the investment bank JPMorganChase is just the government's broker --

http://www.gata.org/node/18501

-- silver market analyst and rigging exposer Ted Butler acknowledges the possibility but explains why he still thinks the bank is the main culprit.

Butler's commentary is headlined "A Constructive Suggestion" and it's posted at GoldSeek's companion site, SilverSeek, here --

http://silverseek.com/commentary/constructive-suggestion-17420

-- and at 24hGold here:

http://www.24hgold.com/english/news-gold-silver-a-constructive-suggestio...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]



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Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Sep 21, 2018

By Danielle Bochove
Bloomberg News
September 21, 2018

https://www.bloomberg.com/news/articles/2018-09-21/paulson-joined-by-15-...

After almost a year of behind-the-scenes work, billionaire hedge-fund manager John Paulson has formed a coalition with 15 other founding members aimed at curbing years of what his hedge fund has called value destruction in the gold sector.

John Hathaway -- who is a general partner at Tocqueville Asset Management LP -- and activist fund Livermore Partners are among those who have agreed to join the group, according to an emailed statement from the newly formed Shareholders' Gold Council. The idea for the group was first floated by Paulson & Co. during the Denver Gold Forum last September.

... Dispatch continues below ...



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"Since last year, the gold price has crept lower and shareholder returns have been poor," Marcelo Kim, a partner at Paulson, said in a separate email. "Interest in the sector has continued to languish, and you have seen capital leave the space and notable fund closures."

Gold was trading around $1,300 an ounce, about $90 higher than current spot prices, when Paulson announced plans to unite big institutional gold investors around common issues.

Since then, there has been no noticeable improvement in behavior, said Kim, who delivered a blistering presentation to investors at the 2017 Denver Gold Forum. He had cited almost a decade of mismanagement by gold miners and called for institutional investors to exert more influence on issues like executive pay, board appointments and merger activity. The sector had incurred $85 billion of write-offs since 2010, he said at the time, while continuing to reward executives.

The Shareholders' Gold Council will be headed by Christian Godin, a former senior vice president at Montrusco Bolton Investments. Launching it took longer than expected because of compliance issues and housekeeping challenges dealing with 16 institutions and back-office teams, Godin said by email.

The group intends to ensure the management and boards of mining companies are aligned with shareholder interests, he said. The group will meet periodically to address a number of issues and will be funded by members.

Sprott Inc. is not named on the list, which includes four anonymous members. Rick Rule, chief executive officer of the Sprott U.S. Holdings Inc. unit, had previously said he would recommend Sprott join the group.

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Sep 20, 2018

By Taiga Uranak
Reuters
Wednesday, September 20, 2018

TOKYO -- Japanese cryptocurrency firm Tech Bureau Corp. said about $60 million in digital currencies were stolen from its exchange, highlighting the industry's vulnerability despite recent efforts by authorities to make it more secure.

Tech Bureau, which had already been slapped with two business improvement orders by regulators this year, said its Zaif exchange was hacked over a two-hour period on Sept. 14. It detected server problems on Sept. 17, confirmed the hack the following day, and notified authorities, the exchange said today. ...

... For the remainder of the report:

https://www.reuters.com/article/us-crypto-currencies-japan-cybercrime/ja...


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Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Sep 19, 2018

... and a tool of the developed world.

* * *

India Can Produce 100 tonnes of Gold Per Year, Expert Says

From the Indo-Asian News Service
via The Times of India, Mumbai
Wednesday, September 19, 2018

https://economictimes.indiatimes.com/industry/cons-products/fashion-/-co...

India has the capacity to produce over 100 tonnes of gold per year to better satisfy the country's enormous demand for the precious metal which is mostly met by imports, a foreign expert said on Wednesday.

Addressing Assocham's 11th International Gold Summit here, the Managing Director of Galaxy Gold Mines of Australia, Nick Spencer, said that such an increase in domestic production from the current level of just over 1 tonne per annum would go some way towards satisfying India's hunger for the yellow metal.

... Dispatch continues below ...



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"India currently produces 1 to 1.5 tonnes of gold per year from just one working field in the country while it consumes 900 tonnes per annum," Spencer said.

"The country can ramp up capacity to produce between 100-200 tonnes of gold in a year, which could come out of around 20 mines.

"To scale up mining to these levels would require investment of around $1-1.5 billion and it would provide employment to between 50,000 to 100,000 people," he added.

According to the World Gold Council, despite a history of gold mining, India's current production levels are very low and it produced less than 2 tonnes in 2016.

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Sep 19, 2018

By Gleb Gorodyankin and Olga Yagova
Reuters
Wednesday, September 19, 2018

MOSCOW -- Russian oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, apparently as insurance against possible tougher U.S. sanctions, traders who deal with the firm told Reuters.

... Dispatch continues below ...



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Russia has been subject to Western sanctions since its 2014 annexation of Ukraine's Crimea region, but Washington has threatened to impose extra sanctions, citing what it has called Moscow's "malign" activities abroad.

The prospect that causes most alarm for Russian firms is inclusion on a Treasury Department blacklist that effectively cuts them off from conducting transactions in dollars, the lifeblood of the global oil industry. ...

... For the remainder of the report:

https://www.reuters.com/article/us-russia-surgut-sanctions-exclusive/exc...

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16