Alasdair Macleod: A plea for sanity

Section:

8:10a ET Wednesday, April 25, 2012

Dear Friend of GATA and Gold:

Economist Alasdair Macleod today elaborates on recent observations that gold is working its way back into the international financial system, as both bank collateral and as a trade currency. Macleod writes: "The fly in the ointment is politics. Ever since the Nixon shock in 1971, the U.S. government has tried to convince the world that gold has no monetary role. It would require the U.S. Treasury to accept that gold might be superior to the paper dollar after all. No doubt that U-turn can be performed, but the concern would be that gold being officially recognized as a form of money would disadvantage the dollar and hand substantial power to the Chinese, who have been accumulating gold from their own mines." Macleod's commentary is headlined "A Plea for Sanity" and it's posted at the research section of GoldMoney's Internet site here:

http://www.goldmoney.com/gold-research/alasdair-macleod/a-plea-for-sanit...

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



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Golden Phoenix Discusses Royalty Mining Growth Strategy
on '21st Century Business' on Fox Business Network

Golden Phoenix Minerals Inc. has discussed its royalty mining growth strategy on the Fox Business Network program "21st Century Business" with host Jackie Bales. Golden Phoenix's director of corporate communications, Robert Ian, told how the company narrows its focus to project generation and future royalty streams. He explained why Golden Phoenix believes it's better to own joint-venture interests in several producing mines instead of full exposure to just one project.

"21st Century Business" has been airing for 15 years. Previous hosts have included Gen. Alexander Haig, Gen.l Norman Schwarzkopf, and Secretary of Defense Caspar Weinberger. Golden Phoenix appeared as paid programming on this broadcast.

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http://www.goldenphoenix.us/company-videos.html