----- Original Message -----
Sent: Tuesday, August 24, 2004 1:35
PM
Subject: [Longwaves Forum]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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