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John Hathaway: Gold's next move up will ignite mining shares

Section: Daily Dispatches

9:30p ET Sunday, April 22, 2012

Dear Friend of GATA and Gold:

Tocqueville Gold Fund manager John Hathaway, writing at King World News, says gold's move to new highs this year will be the spark to rouse gold mining shares from their long torpor.

"Monetary policy has been boxed in by previous actions, election year politics (and even more broadly by the dynamics of the contemporary state of democracy), and the slowdown in global foreign exchange accumulation," Hathaway writes. "The result, we expect, will be a continuation of financial repression under the most optimistic of scenarios. At the very least returns on liquid capital could remain negative for many years to come. Under such circumstances, demand for the protection offered by gold should remain strong. Should the presumed economic recovery falter, we anticipate that the calls for renewed quantitative easing will be deafening."

Hathaway's commentary is headlined "8 Key Charts, Gold, the Fed, and the Big Picture" and it's posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/4/22_Jo...

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



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Golden Phoenix Discusses Royalty Mining Growth Strategy
on '21st Century Business' on Fox Business Network

Golden Phoenix Minerals Inc. has discussed its royalty mining growth strategy on the Fox Business Network program "21st Century Business" with host Jackie Bales. Golden Phoenix's director of corporate communications, Robert Ian, told how the company narrows its focus to project generation and future royalty streams. He explained why Golden Phoenix believes it's better to own joint-venture interests in several producing mines instead of full exposure to just one project.

"21st Century Business" has been airing for 15 years. Previous hosts have included Gen. Alexander Haig, Gen.l Norman Schwarzkopf, and Secretary of Defense Caspar Weinberger. Golden Phoenix appeared as paid programming on this broadcast.

To view the program with Golden Phoenix, please visit Golden Phoenix's Internet site here:

http://www.goldenphoenix.us/company-videos.html