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From:"Sharefin"
Received:08/24/2004 04:35 PM
Subject:Fw: Sprott Asset Management Publishes Gold Manipulation Study

Sprott Asset Management Publishes Gold Manipulation Study

Company press release
August 24, 2004

TORONTO -- Sprott Asset Management Inc. announced today the publication of
"Not Free, Not Fair: The Long-Term Manipulation of the Gold Price"
The study represents the most thorough and detailed
examination of allegations that the gold market has been
subjected to severe price manipulation over the past several years.

Commenting on the landmark report, John Embry, chief
investment strategist for Sprott, stated: "We at Sprott
Asset Management have felt for some time that the gold
price has not remotely reflected its true underlying
fundamentals. In response, we have conducted a
comprehensive study of available information on the
subject and have concluded that the evidence strongly
supports those who believe that the gold price has been
and continues to be suppressed."

The study may be read in its entirety on Sprott Asset
Management's Internet site:

http://www.sprott.com

    Markets At A Glance
Sprott Asset Management Inc. is a Toronto-based
private company with more than $1.6 billion in assets
under management primarily for institutions,
endowments, and high net worth individuals. Sprott
Asset Management Inc. is the investment manager of
the Sprott Energy Fund, Sprott Gold and Precious
Minerals Fund, Sprott Canadian Equity Fund, Sprott
Bull/Bear RSP Fund, Sprott Hedge Fund LP, Sprott
Hedge Fund LP II and Sprott Opportunities Hedge
Fund LP.

For further information please contact:

Sprott Asset Management Inc.
Client Services
(416) 943-6707 or (866-299-9906)


http://www.sprott.com

 

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