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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: TEXT of Full Page Add in Wall Street Journel.Where is Our Gold?

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Anybody

Seen Our

Gold?

The gold reserves of the United States have not been independently audited for half a century. Now there is proof that

those gold reserves and those of other Western nations are being used for the surreptitious manipulation of the international

currency, commodity, equity, and bond markets.

The Federal Reserve’s general counsel, J. Virgil Mattingly, acknowledged as much when he told the Federal Open Market

Committee on January 31, 1995, that the Treasury Department’s Exchange Stabilization Fund had undertaken gold swaps.

Federal Reserve Chairman Alan Greenspan acknowledged as much in testimony to Congress on July 24, 1998, when he said

that “central banks stand ready to lend gold in increasing quantities should the price rise.”

Barrick Gold Corp. acknowledged as much in a fi ling in U.S. District Court in New Orleans on February 28, 2003, disclosing

that the mining company was the agent of the central banks in shorting the gold market.

The Bank for International Settlements acknowledged as much on June 27, 2005, when the head of its monetary and economic

department, William S. White, declared at a convention of central bankers in Basel, Switzerland, that a major purpose of international

central bank cooperation is “the provision of international credits and joint efforts to infl uence asset prices — especially gold

and foreign exchange.”

Since last May the U.S. Treasury Department’s weekly report of the government’s international reserve position has cited loans and

swaps from the U.S. gold reserves.

Since 2004 four major international investment houses — Sprott Asset Management, Cheuvreux, Citigroup, and Redburn Partners

— have issued reports stating that Western central banks have been manipulating the gold market.

The objective of this manipulation is to conceal the mismanagement of the U.S. dollar so that it might retain its function as the world’s

reserve currency. But to suppress the price of gold is to disable the barometer of the international fi nancial system so that all markets may

be more easily manipulated. This manipulation has been a primary cause of the catastrophic excesses in the markets that now threaten the

whole world.

Gold’s recent rise toward $900 per ounce shows that the price suppression scheme is faltering. When it is widely understood how central

banks have been suppressing gold, its price may rise to $3,000 or $5,000 or more.

Surreptitious market manipulation by government is leading the world to disaster. We want to expose it and stop it.

Who are we?

We’re the Gold Anti-Trust Action Committee Inc., a non-profi t, federally tax-exempt civil rights and educational organization formed by

people who recognize the necessity of free markets in the monetary metals. In May 2001 we gathered representatives of fi ve gold-producing

African countries in Durban, South Africa, at the GATA African Gold Summit. In August 2005 we brought gold market experts and investors

from around the world to the Gold Rush 21 conference in Dawson City, Yukon Territory, Canada, excerpts of which you can watch

on the Internet here:

www.GoldRush21.com

Now GATA is marching on the Treasury Department to demand, via the Freedom of Information Act, that the U.S. government come

clean about its gold reserves — to disclose how much gold is left and how much has been compromised by leases, swaps, and other encumbrances

undertaken for surreptitious market intervention.

So that we may explain how the unfolding world fi nancial disaster can be mitigated and why free markets in the monetary metals are

essential to free markets everywhere, we invite you to join us at our next conference — “GATA Goes to Washington: Anybody Seen

Our Gold?” — to be held Thursday through Saturday, April 17-19.

For information about that conference and GATA, visit www.GATA.org.

“GATA” by Alain Despert

GOLD ANTI-TRUST ACTION COMMITTEE INC.

7 Villa Louisa Road, Manchester, Connecticut 06043-7541 USA • CPowell@GATA.org

GATA welcomes fi nancial contributions, which are federally tax-exempt under Section 501-c-3 of the U.S. Internal Revenue Code.

GATA is not a registered investment adviser and this should not be considered investment advice or an offer to buy or sell securities.

William J.

Murphy III

Chairman

Proprietor of

the Internet site

of fi nancial

commentary,

LeMetropole-

Cafe.com in

Dallas, former

commodities

trader, and

former wide

receiver for the

Boston Patriots.

Chris

Powell

Secretary-

Treasurer

Managing

editor of the

Journal Inquirer

in Manchester,

Connecticut,

and legislative

chairman of

the Connecticut

Council on

Freedom of

Information.

Ed

Steer

Director

Edmonton,

Alberta-based

market analyst

for Casey

Research LLC.

Wistar

Holt

Director

Portfolio

manager for

Holt & Shapard

Capital

Management

LLC, St. Louis.

Catherine

Austin Fitts

Director

President of

Solari Inc. in

Hickory Valley,

Tennessee;

former managing

director of

Dillon, Read &

Co. Inc.; and

former assistant

secretary of the

U.S. Department

of Housing

and Urban

Development.

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