Dear Friend of GATA and Gold:

In his new commentary at the Freemarket Gold & Money Report, GoldMoney founder and GATA consultant James Turk shows, in effect, that the U.S. stock market is now the U.S. government. That is, Turk writes, the stock market's recent performance correlates almost exactly with the Federal Reserve's program of money creation, "quantitative easing." Turk's commentary is headlined "Hyperinflation Watch" and you can find it at the FGMR Internet site here:

http://www.fgmr.com/hyperinflation-watch-october-21-2009.html

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