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So I finally had some free time to put together some of my notes regarding "Gold Rush 21", the 2-DVD set that Mike sent me after my prediction of $585 being the price of Gold on market close on June 23rd 2006 was the winning entry in Contest #1.

The DVD set was developed by the Gold Anti-Trust Action Committee and showcases a historic Gold conference exposing the manipulation of the Gold market. Gold Rush 21 contains a 24 minute sumary film and access to each keynote presentation in 8 hours of complete conference coverage. There's so much coverage, that it boggles my mind, trying to figure out how I'll find the time to watch all the presentations. Nonetheless, I've watched several of them already and there are all very interesting.

On August 8th 2005, 100 delegates from 14 countries arrived in Dawson City, the site of the Klondike Gold Rush, to inquire into the condition of the Gold market.

The following is a summary of their findings:

1) GOLD IS MONEY

Gold has been and remains money.
The most important money in the world.
The only immutable and lasting currency.
Potentially the most powerful currency.

Ex.) US. military pilots are packed with 100 year old Gold coins (not US dollars, not Euros) as an emergency money supply should they go down.

2) DISCOVERING THE MANIPULATION

Central Banks have collectively surpressed the price of Gold by the sometimes open and sometimes surreptitious dishoarding of their Gold reserves.

"It's so blatant, it's a joke" - Peter George, Consultant Economist (Trinity Asset Management)

3) MOTIVE

Central Banks are suppressing the Gold price to make their own currencies seem stronger and to build confidence in the international reserve currency, the US Dollar.

According to John Embry, the last time they tried suppressing the Gold price in the 1960's / 70's, Gold's value exploded from $35 to $800 per ounce in less than a decade.

4) MISSING GOLD

Annual Gold demand is 1,500 tonnes above production.
The Gap is being filled and the price held down by Central Bank dishoarding.
The Central Banks are accounting for their remaining Gold reserves deceptively.

The Gold held in the vaults and Gold Receivable are not separate items in their books. This accounting sham makes it difficult to know exactly how much of their Gold has already been lent out.

More information about the DVD can be found at http://goldrush21.com.

The Conference reaffirmed my thoughts that the Gold market is being manipulated and that once the manipulators run out of their Gold supply, the general investing public will recognize the true value of Gold and Silver causing both precious metals to skyrocket in value.

Personally, I suspect that Gold will drop back down to the levels we saw in May and June of this year before we head back up and break through our recent highs and test $800, then $1,000 per ounce. I'll be taking advantage of this short dip as an opportunity to load up on several quality Gold and Silver stocks that I hope to share with you in the weeks to come.

Special thanks goes out to Mike for sending me the DVD set in a very professional and prompt fashion and for maintaining this great web site and its accompanying stock lists that make stock researching so much easier.