GATA is pretty

As bunco artists go in the financial world, GATA is pretty small-time

Submitted by cpowell on Thu, 2011-10-20 03:30. Section: Daily Dispatches

11:24p ET Wednesday, October 19, 2011

Dear Friend of GATA and Gold (and Silver):

If you listened to Kitco News reporter Daniela Cambone's interview last night with CPM Group founder Jeff Christian (http://www.gata.org/node/10578), you heard a heavy blow struck against GATA, as Christian called it "a group that makes money by basically bilking gold investors out of fees to support GATA so they don't have to get legitimate jobs."

Well, it's true -- maybe Cambone herself told Christian -- insofar as your secretary/treasurer has been a newspaper editor for all his adult life and hasn't had a legitimate job since, during high school, he was busing tables and waiting on customers at a hamburger and ice cream joint. When I dropped out of college a few years later there wasn't much legitimacy available to me. As Oz explained to Dorothy about his acclamation as wizard upon his unscheduled landing in the Emerald City, "Times being what they were, I accepted the job":

http://www.youtube.com/watch?v=ky7DMCHQJZY

But it's never too late for aspiration. With a little more experience maybe someday we in GATA could become legit like Christian, an adviser to central banks, and then we could bilk not just gold investors but everybody.

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