1:05a ET Saturday, July 23, 2011
Dear Friend of GATA and Gold:
With his latest commentary, Gary North is dismissive of gold standard advocates, starting with Ralph Benko of The Gold Standard Now project, whose latest essay (http://www.gata.org/node/10159), North writes, describes a “counterfeit” gold standard. GATA would settle for free markets in the monetary metals, which seem to be exactly what central banks most fear. In the meantime we’ll keep trying to show how those markets are anything but free. North’s commentary is headlined “Counterfeit Gold Standards” and you can find it at Lew Rockwell’s Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.