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James Turk: What's next for gold?
12:49p ET Friday, April 19, 2013
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk today shakes his head at the recent "five standard deviation" move in gold and remarks that nothing has diminished the fundamental considerations arguing for higher prices for the monetary metals. Turk's commentary is headlined "What's Next for Gold?" and it's posted at GoldMoney's Internet site here:
http://www.goldmoney.com/gold-research/james-turk/whats-next-for-gold.ht...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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
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