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Alasdair Macleod: Why gold is money
10:20p ET Sunday, June 2, 2013
Dear Friend of GATA and Gold:
In commentary posted tonight, GoldMoney research director Alasdair Macleod explains why gold is money, contrary to opinion in the political mainstream. The political mainstream's complacency about gold, Macleod writes, "is likely to be undermined by events. We already see the four major central banks committed to issuing their confidence-based currency in increasing quantities, to finance their governments and to prop up the banks. We have yet to see how they intend to stop doing so."
Macleod's commentary is headlined "Why Gold Is Money" and it's posted at the GoldMoney Internet site here:
http://www.goldmoney.com/gold-research/alasdair-macleod/why-gold-is-mone...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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