Submitted by cpowell on Fri, 2010-03-26 21:53.

5:56p ET Friday, March 26, 2010

Dear Friend of GATA and Gold:

Today we welcome Frank Holmes, CEO of U.S. Global Investors in San Antonio, Texas, to the ranks of tin-foil hat wearers, rent-seeking parasites, and charlatans, on account of the interview he has just given to Alex Steele of Kitco News.

First, Holmes disclosed that his friend Eric Sprott, CEO and senior portfolio manager for Sprott Asset Management in Toronto, who may own Canada's largest collection of tin-foil hats, recently tried to buy gold from the International Monetary Fund and was refused. Coincidentally, GATA learned this week on the best authority that a financial house far bigger than Sprott also recently tried to purchase gold from the IMF, also was refused, and wasn't verya default judgment against Bahar in a Minnesota district
court.  On May 22, 2006, Lyon Financial domesticated the Minnesota judgment by filing it in County
Court at Law No. 1 of Travis County pursuant to the Uniform Enforcement of Foreign Judgments
Act (UEFJA).  See Tex. Civ. Prac. & Rem. Code Ann. §§ 35.001-.008 (West 2008).  On
April 16, 2007, almost a year after the foreign judgment was filed, Bahar filed a motion to stay
enforcement of and vacate the judgment.  Bahar alleged that the judgment should be vacated because
she was never served with process in the underlying suit as required by Minnesota law.  Bahar also
filed a special appearance on the ground that she is not a resident of Travis County and the trial
court's exercise of jurisdiction over her would "offend