Dan Norcini: Real gold isn't being sold off, only paper gold is

10:55p ET Thursday, October 2, 2008

Dear Friend of GATA and Gold:

Whatever is happening, JSMineSet gold market analyst Dan Norcini writes tonight, "physical gold is not being sold off to raise cash," as some observers have written. Rather, Norcini writes, "paper gold is being sold off at the Comex." REAL gold, Norcini adds, is being purchased at "unprecedented" levels. You can find his analysis in PDF format here:

http://www.jsmineset.com/cwsimages/Miscfiles/6623_October0208Gold1230pmC...

Or try this abbreviated link:

http://tinyurl.com/4z695f

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

* * *

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/.