http://www.gata.org/node/8913

Gold, silver ETFs are price-suppression schemes, Hinde Capital report finds

Submitted by cpowell on Thu, 2010-08-12 23:41. Section: Daily Dispatches

7:37p ET Thursday, August 12, 2010

Dear Friend of GATA and Gold (and Silver):

Hinde Capital in London today published a wonderful warning against investing in the gold exchange-traded fund GLD and the silver exchange-traded fund SLV, echoing and elaborating on the concerns raised about those ETFs by the report published in May by Solari Investment Advisory Services LLC, the firm founded by GATA Board of Directors member Catherine Austin Fitts. (The Solari report, "GLD and SLV: Disclosure in the Precious Metals Puzzle Palace," can be found at the Solari Internet site here: >http://www.hindecapital.com/docs/hil_reports/Hinde%20Capital%20-%20Preci...

Or try this abbreviated link:

http://tinyurl.com/2429o2f

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