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Norcini, Leeb, Pento, and Turk at King World News
12:56a ET Thursday, October 20, 2011
Dear Friend of GATA and Gold:
Futures market analyst Dan Norcini tonight tells King World News that volatility inspired by central banks and computer trading programs is overwhelming markets and perhaps heralding the collapse of the world financial system. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/20_N...
Also at King World News, fund manager Stephen Leeb predicts that the world's need for a lot more money will send gold toward $10,000 per ounce. An excerpt from that interview is at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/20_S...
Market analyst Michael Pento elaborates on that likely money production, asserting that engineering inflation is now the Federal Reserve's objective:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/19_M...
And the recent King World News with GoldMoney founder and GATA consultant James Turk has been posted in full audio here:
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/10/18_Jame...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
The United States Once Again Can Establish a Stable Dollar Worth Its Weight in Gold
Lewis E. Lehrman, chairman of the Lehrman Institute, sponsor of The Gold Standard Now project, has released a plan to restore economic growth through a stable dollar.
The plan, titled "The True Gold Standard: A Monetary Reform Plan Without Official Reserve Currencies," responds to the recurrent economic crises of the last century and outlines a detailed proposal for America's leadership on "how we get from here to there." That is, how we get from the present unstable paper dollar to a stable dollar as good as gold.
James Grant, author and editor of Grant's Interest Rate Observer, says of the Lehrman plan: "If you have ever wondered how the world can get from here to there -- from the chaos of depreciating paper to a convertible currency worthy of our children and our grandchildren -- wonder no more. The answer, brilliantly expounded, is between these covers. America has long needed a modern Alexander Hamilton. In Lewis E. Lehrman the country has finally found him."
To learn more and to sign up for The Gold Standard Now's free, noncommercial, weekly report, "Prosperity through Gold," please visit:
http://www.thegoldstandardnow.org/gata
Join GATA here:
The Silver Summit
Thursday-Friday, October 20-21, 2011
Davenport Hotel, Spokane, Washington
http://cambridgehouse.com/conference-details/the-silver-summit-2011/48
New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2011
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http://www.neworleansconference.com/
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http://gata.org/node/wallstreetjournal
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