4p ET Thursday, December 12, 2002
Dear Friend of GATA and Gold:
Gold climbed a big stair to $331 or so at noon in New
York today and then flatlined for the afternoon, as if
the price-setting powers had dug a new trench in
their retreat. Those who disbelieve manipulation of
the gold price should take a look at today's chart
and explain the calm equilibrium that developed as
suddenly as if someone had thrown a switch.
Well, GATA is not going away. We'll keep pounding on
this stuff. But let's enjoy, as the first of many,
this little rout of the bad guys, which came about
exactly as our friend Jim Sinclair, CEO of Tan Range
Exploration, said it would, at exactly the price he
specified. Maybe the great Kipling poem below is the
one to celebrate with.
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