By Gene Arensberg
Resource Investor
Sunday, August 12, 2007

HOUSTON -- Isn't it odd that when a financial crisis threatens to get under way today hot money rushes to turn just about everything into fiat paper dollars? In something that has come to be called a "flight to cash," for a little while it seems that just about everything is being sold at the same time -- equities, commodities, even gold and silver. The odd part is that it really shouldn't make much sense to sell gold and silver during a financial crisis because gold and silver are what people should turn to when worried, not paper for crying out loud.

... For the full commentary:

http://www.resourceinvestor.com/pebble.asp?relid=34744 [1]

* * *

Join GATA at these conferences:

The Silver Summit
Thursday-Friday, September 20-21, 2007
Coeur d'Alene, Idaho
http://thesilversummit.com [2]

New Orleans Investment Conference
Sunday-Thursday, October 21-25, 2007
New Orleans, Louisiana
http://www.neworleansconference.com [3]

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at http://www.gata.org/ [4].

GATA is grateful for financial contributions, which are federally tax-deductible in the United States.