GoldMoney's James Turk interviews Oroyfinanzas founder Marion Mueller

Section:

2:20a BST Tuesday, October 11, 2011

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk interviewed Marion Mueller, the founder of Spain's gold-oriented Internet site, Oroyfinanzas.com, during GATA's Gold Rush 2011 conference in London in August. They discussed the collapse of the world financial system, the need for a new system based on sound money, and Spain's awful economic circumstances. Mueller noted that most of the world's gold is mined in Spanish-speaking countries but those countries are not well-informed about gold's crucial place in a more democratic international financial order. The interview is 15 minutes long and you can watch it at the GoldMoney Internet site here:

http://www.goldmoney.com/video/mueller-turk-interview.html?gmrefcode=gat...

Oroyfinanzas is one of the sponsors of the third annual Madrid Gold and Silver Meeting, to be held Wednesday, November 16:

http://www.gata.org/node/10539

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



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Lewis E. Lehrman on How to Solve the U.S. Debt Problem

Lewis E. Lehrman, chairman of the Lehrman Institute, sponsor of The Gold Standard Now project, advises that to reduce the $1 1/2 trillion U.S. deficit, the Republican Party must initiate an investment program.

Working Americans are not saving, which enables the banks to lead the country into a cycle of debt, leverage, boom, panic, and bust.

Lehrman says: Eliminating the budget deficit of a trillion and a half dollars cannot be done overnight. The proposal by U.S. Rep. Paul Ryan was very dramatic -- one Republican called it radical -- but it was not happily received. The solution, of course, is to design an American program for prosperity, because you can solve these entitlement problems with a growing economy. We need a tremendous program of investment, and investment comes from savings. When you pay savers, middle-income professionals, and working people 0 percent at the bank, you are not going to encourage them to save. Then we are left with a bank cycle of debt, leverage, boom, panic, and bust."

To read 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



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Thursday-Friday, October 20-21, 2011
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Wednesday-Saturday, October 26-29, 2011
Hilton New Orelans Riverside Hotel

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