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James Turk: People are starting to distinguish between paper gold and real gold
12:03a ET Sunday, June 27, 2010
Dear Friend of GATA and Gold (and Silver):
In a 16-minute interview with Eric King of King World News, GoldMoney founder and GATA consultant James Turk says that the near-term outlook for gold is exciting, that people shouldn't take risks with their gold, that in large part because of GATA's work people are beginning to understand the difference between real metal and paper gold, and that the key moment in the long-running gold rally may have come a year ago when the Greenlight Capital hedge fund managed by David Einhorn shifted its investment from the GLD exchange-traded fund into bullion. The interview with Turk is 16 minutes long and you can find it at King World News here:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/6/26_J...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Prophecy to Become Coal Producer This Year
with 1.5 Billion Tonnes of Resource
Prophecy Resource Corp. (TSX.V: PCY) announced on May 11 that it has entered into a mine services agreement with Leighton Asia Ltd. to begin coal production this year. Production will begin with a 250,000-tonne starter pit as planned in August, with production advancing to 2 million tonnes per year in 2011. Prophecy is fully funded to production and its management team includes John Morganti, Arnold Armstrong, and Rob McEwen.
For Prophecy's complete press release about its production plans, please visit:
http://www.prophecyresource.com/news_2010_may11.php
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Wednesday-Saturday, October 27-30, 2010
Hilton New Orleans Riverside Hotel
http://www.neworleansconference.com/index.html
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