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GATA was talking to that congressional chairman about gold six years ago
By Bill Koenig
Bloomberg News Service
Tuesday, April 5, 2005
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aC47QSISEyUs&refer=home#
SOUTHFIELD, Mich. -- General Motors Corp.'s debt ratings were cut
one notch to Baa3, the lowest investment grade, by Moody's Investors
Service. The ratings company also said it was reviewing Ford Motor
Co.'s debt for a possible downgrade.
Moody's said the cut at GM stems from "an uncompetitive fixed-cost
structure" and "steadily declining market share." Moody's began
reviewing GM's ratings on March 16, when the automaker forecast its
biggest quarterly loss since 1992.
The review of Ford's ratings was prompted by "increasing risk." Ford
may not meet a 2006 target of $7 billion in pretax profits. Moody's
rates Ford debt at Baa1, three levels above non-investment grade.
GM and Ford, the two biggest U.S. automakers, have lost market share
to Toyota Motor Corp. and other competitors. GM's market share
declined to 25.7 percent in the first quarter from 27 percent a year
ago while Ford declined to 19.5 percent during the period from 20.4
percent a year ago.
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RECOMMENDED INTERNET SITES
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NEWS AND ANALYSIS
Free sites:
http://www.cbs.marketwatch.com
http://www.usagold.com/amk/usagoldmarketupdate.html
http://www.capitalupdates.com/
http://www.silver-investor.com
http://www.thebulliondesk.com/
http://www.goldismoney.info/index.html
http://www.minersmanual.com/minernews.html
http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
http://www.investmentrarities.com
http://www.kereport.com
(Korelin Business Report -- audio)
http://www.plata.com.mx/plata/home.htm
(In Spanish)
http://www.plata.com.mx/plata/plata/english.htm
(In English)
http://www.resourceinvestor.com
Subscription sites:
http://www.lemetropolecafe.com/
http://www.interventionalanalysis.com
http://www.investmentindicators.com/
Eagle Ranch discussion site:
http://os2eagle.net/checksum.htm
Ted Butler silver commentary archive:
http://www.investmentrarities.com/
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COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED
BY OUR MEMBERS
Blanchard & Co. Inc.
909 Poydras St., Suite 1900
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888-413-4653
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Centennial Precious Metals
3033 East First Ave., Suite 807
Denver, Colorado 80206
1-800-869-5115
http://www.USAGOLD.com
Michael Kosares, Proprietor
cpm@usagold.com
Colorado Gold
222 South 5th St.
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Don Stott, Proprietor
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Gold@gwe.net
El Dorado Discount Gold
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Harvey Gordin, President
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Gold & Silver Investments Ltd.
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info@gold.ie
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Greg Westgaard, Sales Manager
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178 West Service Road
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Toll Free:1-877-775-4826
Fax: 518-298-3457
and
620 Cathcart, Suite 900
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Lee Certified Coins
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454 Daniel Webster Highway
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leecoins@aol.com
Lone Star Silver Exchange
1702 S. Highway 121
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214-632-8869
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3015 Ottawa Ave. South
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fax: 952-925-0143
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Contacts: David Schectman,
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Missouri Coin Co.
11742 Manchester Road
St. Louis, MO 63131-4614
info@mocoin.com
314-965-9797
1-800-280-9797
http://www.mocoin.com
Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
Metalguys@aol.com
Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
http://www.swissamerica.com
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
FiGoldstein@swissamerica.com
The Moneychanger
Box 178
Westpoint, Tennessee 38486
http://www.the-moneychanger.com
Franklin Sanders
1-888-218-9226, 931-766-6066
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