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Patrick Heller: Suppression will cause higher rebounds for gold and silver
10:23a ET Thursday, September 13, 2012
Dear Friend of GATA and Gold:
Writing for Coin Week, Patrick Heller of Liberty Coin Service in Lansing, Michigan, argues that Western central banks were holding gold and silver prices in check upon the announcement by the German Constitutional Court that it would not stop German participation in European Central Bank bond monetization. But, he adds, the more that monetary metal price are suppressed during these interventions, the higher they will rebound. Heller anticipates such a rebound after the Federal Reserve's Open Market Committee announces its latest plans today. Heller's commentary is headlined "The More Gold and Silver Prices Are Suppressed, the Higher They Will Rebound" and it's posted at Coin Week here:
http://www.coinweek.com/commentary/the-more-gold-and-silver-prices-are-s...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Special Offer for GATA Supporters from The Calandra Report
Financial journalist Thom Calandra, co-founder of MarketWatch.com and a longtime GATA supporter, has revived his weekly market letter, The Calandra Report, which is aimed at believers in natural resources and metals equities. His three recommended stocks so far -- prospectors in Nevada, Portugal, and Colombia looking for gold, silver, copper, and tungsten -- have risen since his recommendation, and he is traveling throughout the world to research more recommendations. Through Sept. 22 the TCR's subscription price is $48 per year and during that time Calandra will donate to GATA $5 for every GATA supporter who subscribes. After that the TCR's subscription price will rise to $54.
Calandra will join GATA's Bill Murphy and Chris Powell at the Toronto Resource Investment Conference on Thursday and Friday, Sept. 27 and 28 --
http://cambridgehouse.com/event/toronto-resource-investment-conference-2012
-- and at the New Orleans Investment Conference from Wednesday through Saturday, Oct. 24-27:
https://jeffersoncompanies.com/new-orleans-investment-conference/home
For a sample of a recent edition of The Calandra Report and to subscribe, please visit:
http://www.babybulls.com/index.cfm/page/THE-CALANDRA-REPORT:-AUGUST-26,-...
Join GATA here:
Toronto Resource Investment Conference
Thursday-Friday, September 27-28, 2012
Toronto Sheraton Centre Hotel
Toronto, Ontario, Canada
http://www.cambridgehouse.com/event/toronto-resource-investment-conference
New Orleans Investment Conference
Wednesday-Saturday, October 24-27, 2012
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
http://www.neworleansconference.com/
* * *
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Fred Goldstein and Tim Murphy open All Pro Gold
Longtime GATA supporters Fred Goldstein and Tim Murphy have brought their many years of experience in the precious metals and numismatic coins to All Pro Gold as metals brokers who specialize in the delivery of gold and silver bullion bars and coins as well as numismatic gold and silver coins. Fred and Tim follow these markets closely and are assisted by a team of consultants in monitoring market trends. All Pro Gold offers GATA supporters competitive pricing on all bullion products and welcomes inquiries. Tim can be reached at 602-299-2585 and Tim@allprogold.com, Fred at 602-799-8378 and Fred@allprogold.com. Ask about their ratio strategy and the relationship of generic $20 dollar gold pieces to 1-ounce gold bullion coins. Visit their Internet site at http://www.allprogold.com/.
