Enter my invaluable relief pitcher, CP...

3:40p ET Monday, March 9, 2009

Dear Greg (if I may):

Forgive me for butting into your exchange with my colleague, GATA Chairman Bill Murphy. But I have ready access to the many documentations and admissions of the gold price suppression scheme. As a result I can stress that GATA is not a "conspiracy theory" organization but rather an organization that seeks to call attention to the much-neglected PUBLIC RECORD.

Particularly, you might start with my remarks to GATA's conference in Washington last April, "There Are No Markets Anymore, Just Interventions."

This speech cites and provides Internet links to seven public records disclosing or acknowledging the gold price suppression scheme, and links to three investment house reports confirming that scheme:

http://www.gata.org/node/6242

Then you might review "A New Summary of GATA's Work," which I put together last year to explain the background of the scheme, its origins and purposes:

http://www.gata.org/node/6519

Finally, you might review the memorandum recently discovered in the archive of former Federal Reserve Board Chairman William McChesney Martin, a memo that, in 1961, laid out a sweeping plan for largely surreptitious rigging of the currency and gold markets by the Fed and Treasury Department:

http://www.gata.org/node/7097

This memo was the blueprint for exactly what we long have contended the Fed and Treasury have been doing, and it remains posted on the Internet site of the Federal Reserve Bank of St. Louis. We can't get any more official than that.

I hope this is helpful and interesting to you. Please let me know if I can provide more information to you or your colleagues.

With good wishes.

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

Greg Z: When I come back from book leave in may I promise to check out