Jason Hommel: Objections to Fekete's and Salinas Price's coinage ideas

Section:

8:12p ET Friday, October 30, 2009

Dear Friend of GATA and Gold (and Silver):

Looks like it's Philosophical Friday at GATA, as Silver Stock Report's Jason Hommel has just replied with many objections, some of them philosophical and some of them technical, to Antal Fekete's idea for free coinage of gold and Hugo Salinas Price's idea for the introduction in Mexico of an undenominated silver coin to circulate as legal tender. Hommel claims special authority to criticize because he already is in the minting business himself and invites others to get in as well and compete with him. Hommel's commentary is headlined "Fekete and Hugo Price Hinder Free Market Development" and you can find it at Silver Stock Report here:

http://silverstockreport.com/2009/free-market-hindered.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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