From Bill Murphy:

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GATA’s trip to London was a "10." These are my reflections…

*We can’t thank Adam Fleming enough for arranging our presentation forum and reception which followed. Attendance was far higher than initially planned and it was delightful to see Wits Gold receive well deserved coverage of our meeting at www.minesite.com today.

*Other big league thanks go to Kirkland Lake Gold chairman Harry Dobson, who arranged for his superb PR firm to set up various appointments with the press and others. Pelham’s Klara Kaczmarek, who attended most of our meetings, was outstanding.

*Final kudos go to Café member Bob Lamborne whose efforts resulted in a slew of influential Londoners to attend, including 7 chairmen of companies, or more.

*Chris Powell’s speech was inspirational (going outside of gold manipulation itself) and was noted as such by a number of the attendees.

*Sprott Asset Management/John Embry’s support in our efforts to further expose the gold price manipulation scheme was invaluable. He gave us a great deal of credibility in London from one of the industry’s own.

*Adrian’s latest on the gold call options caused a major player in the gold world to both take note and take action of his analysis in the gold market. Congrats to Adrian! It is additional confirmation how the GATA camp is monitored.

*For the most part GATA has turned the corner as to being a respectable outfit. Instead of being looked at as a bunch of kooks, we are regarded as "vociferous advocates" for gold and a force to be reckoned with … and to think it only took ten short years.

* We have turned the corner because we have been righter about the direction, and the extent of gold’s price move, more consistently than anyone for one. And two, what we have presented for so long has hung together and makes so much sense in this changing financial environment. Compared to how the US Government is interfering in our financial markets and key corporations what is the stretch these days to appreciate they are manipulating the gold market?

*Without getting carried away, I believe it is fair to say that we are even feared a bit in some of the gold circles. The reason is that more and more in the gold industry are coming to understand how right we have been, and that when the price of gold explodes, much of it will be revealed … especially as GATA had it nailed. When this occurs, they don’t want to be embarrassed as having gotten it all wrong. While the "cataclysmic morons" out there will naively still get on our case, the professional gold/market analysts are now taking a serious look at what we have to say.

*There are some journalists who still won’t give us the time of day. As the feedback and write-ups of our trip are circulated, the ice will be broken and those timid/restricted journalists ought to jump onboard over time too.

*The Chinese new gold reserve announcement was a huge plus for us. A few of the savvy people we met with realized the importance of GATA accounting for greater gold demand over a number of years where the establishment did not. They missed it. If we were so right about this extra demand, and even on the exact year when the Chinese admit accumulating more gold reserves, the growing rationale is that the probability of us being right on many of our other claims is raised substantially.

*The very private Royal Ascot Racing Club at the Queen’s racetrack in the English countryside is something else … an afternoon I will never forget.

*What would our Brit friends do without the words "lovely" or "brilliant?"

I thought you might like to read some of the early feedback from two of the attendees, in addition to the coverage given our meeting by Paul Mylchreest at The Matisse Table…

*"I have never seen so many important people in the London gold world in one big room before at a function such as this" ... an attendee in the gold industry.

Bill and Chris,

getting some extremely positive vibes from some of my old friends in London Town.

Think you have shown not only perseverance, but the correct righteousness understanding the issue and getting it across to the mainstream - against all and every gov. and cb's intervention, telling you it's nonsense and a barbarous relic.

Well China and us goldbugs think otherwise and maybe more for the longerterm than any of the instant gratification crowd will ever understand, before the 800 pound gorilla hit their cozy state of mental denial.

Thanks for your ongoing work -

Your friend Florian

Dear Bill,

Very good to see you last week and I was sorry I had to rush away after the Fleming dinner without properly saying goodbye. I thought the presentation went very well and at the drinks afterwards everyone I talked to was really very thoughtful - a far change from when GATA was in London for the AMA gold seminar in the early decade. You have really stilled much of the scoffing that was common then through thorough investigatory work which has unearthed so much 'deadly' material. I'm sure you're right that in due course the central banks will run out of runway and will have to cede a much higher gold price. I hope the rest of the week went well for you and that the media took you seriously…

Michael