You are here
GoldMoney partnership with Durban seeks private remonetization of gold worldwide
10:45p ET Friday, January 30, 2004
Dear Friend of GATA and Gold:
Our friend J.T. writes in response to today's dispatch of
the Reuters story about the extraordinary expense Japan
has incurred by printing yen to buy dollars:
quot;This is interesting news, but would someone kindly
interpret for us the impact on the price of gold, considering
that there seems to be no insight as to how long the Bank
of Japan can keep up its intervention?Long enough, perhaps,
until the U.S. dollar can get over its weak spell? Long enough
to keep the price of gold subdued until it enters a natural bear
phase a few years from now?quot;
J.T. has posed the 64-trillion-dollar question. Conceivably
Japan could bankrupt itself in support of the dollar. How far
could Japan go? It could go on until the Japanese people are
all naked and starving and forced to live under bridges that
have been purchased by Americans, as Japanese companies
purchased so much American real estate 20 years ago.
WILL it go that far? Who knows? How long will it go on?
Probably only as long as it takes the people of that
overworked and exploited country to elect better political
leadership.
GATA dispatches news items about currency interventions
not to suggest that any intervention will end at any
particular time but to show thatthe gold market is part of
the currency market, that this market isbeing manipulated,
that natural market forces are running overwhelmingly in
favor of gold, and that we all should be working in favor
of free markets and honest dealing among peoples and
nations.
For better commentary on this point, check out Jim
Sinclair's Friday and Thursday postings here:
a href=http://www.jsmineset.com/home.asphttp://www.jsmineset.com/home.asp/a
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
----------------------------------------------------
To subscribe to GATA's dispatches, send an e-mail to:
gata-subscribe@yahoogroups.com
To unsubscribe, send an e-mail to:
gata-unsubscribe@yahoogroups.com
----------------------------------------------------
RECOMMENDED INTERNET SITES
FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS
NEWS AND ANALYSIS
Free sites:
a href=http://www.jsmineset.comhttp://www.jsmineset.com/a
a href=http://www.cbs.marketwatch.comhttp://www.cbs.marketwatch.com/a
a href=http://www.mineweb.com/http://www.mineweb.com//a
a href=http://www.gold-eagle.com/http://www.gold-eagle.com//a
a href=http://www.kitco.com/http://www.kitco.com//a
a href=http://www.usagold.com/http://www.usagold.com//a
a href=http://www.GoldSeek.com/http://www.GoldSeek.com//a
a href=http://www.capitalupdates.com/http://www.capitalupdates.com//a
a href=http://www.goldenbar.com/http://www.goldenbar.com//a
a href=http://www.silver-investor.comhttp://www.silver-investor.com/a
a href=http://www.thebulliondesk.com/http://www.thebulliondesk.com//a
a href=http://www.sharelynx.com/http://www.sharelynx.com//a
a href=http://www.mininglife.com/http://www.mininglife.com//a
a href=http://www.financialsense.comhttp://www.financialsense.com/a
a href=http://www.goldensextant.comhttp://www.goldensextant.com/a
a href=http://www.goldismoney.info/index.htmlhttp://www.goldismoney.info/index....
a href=http://www.howestreet.comhttp://www.howestreet.com/a
a href=http://www.depression2.tvhttp://www.depression2.tv/a
a href=http://www.moneyfiles.org/http://www.moneyfiles.org//a
a href=http://www.howestreet.comhttp://www.howestreet.com/a
a href=http://www.minersmanual.com/minernews.htmlhttp://www.minersmanual.com/mi...
a href=http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.htmlhttp://ww...
a href=http://www.goldcolony.comhttp://www.goldcolony.com/a
a href=http://www.miningstocks.comhttp://www.miningstocks.com/a
a href=http://www.mineralstox.comhttp://www.mineralstox.com/a
a href=http://www.321gold.comhttp://www.321gold.com/a
a href=http://www.SilverSeek.comhttp://www.SilverSeek.com/a
Subscription site:
a href=http://www.lemetropolecafe.com/http://www.lemetropolecafe.com//a
a href=http://www.hsletter.comhttp://www.hsletter.com/a
Eagle Ranch discussion site:
a href=http://os2eagle.net/checksum.htmhttp://os2eagle.net/checksum.htm/a
----------------------------------------------------
COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED
BY OUR MEMBERS
Centennial Precious Metals
3033 East 1st Ave.
Suite 403
Denver, Colorado 80206
www.USAGold.com
Michael Kosares, Proprietor
US (800) 869-5115
Canada 1-800-294-9462
European Union 00-800-2760-2760
Australia 0011-800-2760-2760
cpm@usagold.com
Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
www.ColoradoGold.com
Don Stott, Proprietor
1-888-786-8822
Gold@gwe.net
Investment Rarities Inc.
7850 Metro Parkwa
Minneapolis, Minnesota 55425
a href=http://www.gloomdoom.comhttp://www.gloomdoom.com/a
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889
gwestgaard@investmentrarities.com
Kitco
178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826
Fax: 518-298-3457
and
620 Cathcart, Suite 900
Montreal, Quebec H3B 1M1
Canada
Toll-free:1-800-363-7053
Fax: 514-875-6484
a href=http://www.kitco.comhttp://www.kitco.com/a
Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000
leecoins@aol.com
Miles Franklin Ltd.
3015 Ottawa Ave. South
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
a href=http://www.milesfranklin.comhttp://www.milesfranklin.com/a
Contacts: David Schectman,
Andy Schectman, and Bob Sichel
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
a href=http://www.buycoin.comhttp://www.buycoin.com/a
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
FiGoldstein@swissamerica.com
----------------------------------------------------
HOW TO HELP GATA
If you benefit from GATA's dispatches, please
consider making a financial contribution to
GATA. We welcome contributions as follows.
By check:
Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, CT 06043-7541
USA
By credit card (MasterCard, Visa, and
Discover) over the Internet:
a href=http://www.gata.org/creditcard.htmlhttp://www.gata.org/creditcard.html/a
By GoldMoney:
a href=http://www.GoldMoney.comhttp://www.GoldMoney.com/a
Gold Anti-Trust Action Committee Inc.
Holding number 50-08-58-L
Donors of $750 or more will, upon request,
be sent a print of Alain Despert's colorful
painting symbolizing our cause, titled quot;GATA.quot;
GATA is a civil rights and educational
organization under the U.S. Internal Revenue
Code and contributions to it are tax-deductible
in the United States.