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Mike Kosares: Wealth won, wealth lost
9a HKT Monday, March 25, 2013
Dear Friend of GATA and Gold:
Mike Kosares of Centennial Precious Metals in Denver writes today that gold lately has been producing a far superior real rate of return against both cash deposit interest and consumer price indexes. Kosares quotes fund manager Ray Dalio as expecting huge pools of dormant cash to flow into "things," including gold, as the suppression of interest rates continues. Kosares' commentary is headlined "Wealth Won, Wealth Lost" and it's posted at Centennial's Internet site, USAGold, here:
http://www.usagold.com/cpmforum/2013/03/24/wealth-won-wealth-lost/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
How to profit in the new year with silver --
and which stocks to buy now
Future Money Trends is offering a special 16-page silver report with our forecast for 2013 that includes profiles of nine companies and technical analysis of their stock performance. Six of the companies have market capitalizations of less than $800 million and one company has a market cap of only $30 million. The most exciting of these companies will begin production in a few weeks and has a market cap of just $150 million.
Half of all proceeds from the sale of this report will be donated to the Gold Anti-Trust Action Committee to support its efforts exposing manipulation and fraud in the gold and silver markets.
To learn about this report, please visit:
http://www.futuremoneytrends.com/index.php?option=com_content&id=376&tmp...
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http://gata.org/node/wallstreetjournal
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GoldMoney Reduces Storage and Exchange Fees
From April 1 GoldMoney will be reducing by a third its storage fees on gold stored at all VIA MAT vaults to just 0.12 percent per year and halving the cost of storing silver with VIA MAT Switzerland to bring it in line with GoldMoney's silver storage fees at other vault locations: 0.49 percent per year as the standard fee and 0.39 percent per year for more than 50,000 ounces of silver. In addition, GoldMoney's minimum storage fee will be reduced to only 0.001 grams per month for gold, platinum, and palladium, and 0.001 ounces per month for silver. In April GoldMoney also will be simplifying and reducing its metal-to-metal exchange fees. For the full details of these significant fee reductions, please visit:
http://www.goldmoney.com/lower-fees-overview?gmrefcode=gata
