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Fort Knox, Fort Hocks, or Fort Shocks: Three U.S. gold scenarios
11a PT Monday, May 27, 2013
Dear Friend of GATA and Gold:
The 24hGold Internet site has reposted a wonderful commentary from 2009 by Stewart Dougherty that outlines the likely consequences of the various scenarios about the disposition of the U.S. gold reserve.
Dougherty writes: "The United States could put these concerns to rest simply by auditing the gold and publicly reporting the findings. And yet, despite repeated attempts by such organizations as GATA to get them to do that, they refuse. Why? Is it because Treasury and Federal Reserve officials know that the results would be explosive? ... If it becomes known that the United States has surreptitiously hocked or sold its citizens' gold, the price per ounce would most likely explode. Conceivably, gold would have its first $500 up day as people threw in the towel on other forms of 'money' they could no longer understand or trust."
Dougherty's commentary is headlined "Fort Knox, Fort Hocks, or Fort Shocks: Three United States Gold Scenarios" and it's posted at 24hGold here:
http://www.24hgold.com/english/news-gold-silver-fort-knox-fort-hocks-or-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Fred Goldstein and Tim Murphy open All Pro Gold
All-Pro Gold, run by long-time GATA supporters Fred Goldstein and Tim Murphy, offers its services to GATA supporters and anyone else interested in precious metals. The company brokers a full line of precious metals and numismatic coins. It aims to inform prospective clients about the importance of the monetary metals as part of a diversified financial portfolio and to keep prospective clients current with market trends. All-Pro Gold has competitive pricing and ships promptly to clients so they may have physical possession. Learn more by e-mailing Fred@allprogold.com or Tim@allprogold.com or telephone 1-855-377-4653 or visit www.allprogold.com.
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