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James Turk: $53 trillion and growing

Section: Daily Dispatches

2:28p ET Wednesday, January 9, 2008

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, has studied the Financial Report of the U.S. Government for 2007 and, in a new essay, reports that the government's debt has reached $53 trillion even as the government acknowledges that it cannot properly account for 57 percent of its assets and 25 percent of its costs.

But of course whatever can't be found can always be covered with a few computer keystrokes, for which the foreigners will always send Americans real goods. Won't they?

Turk's new essay is titled "$53 Trillion and Growing" and you can find it at Financial Sense here:

http://www.financialsense.com/editorials/turk/2008/0109.html

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

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Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 20-21,2008
Vancouver, British Columbia, Canada
http://www.cambridgeconferences.com/

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Reserve the dates:

The next GATA conference
Friday and Saturday, April 18 and 19, 2008
Maybe "GATA Goes to Washington -- Anybody Seen Our Gold"?
Washington, D.C., area

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