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David Morgan: Nothing beats gold and silver in hand

Section: Daily Dispatches

10:03p ET Thursday, March 13, 2008

Dear Friend of GATA and Gold:

Silver market analyst David Morgan, editor of Silver-Investor.com, observes that gold and silver are money in themselves and, when directly possesed, without any intermediaries, are unique as financial instruments for being without liabilities and liquid even in a panic. This is basic stuff but important to remember as the panic builds. Morgan's new commentary is headlined simply "Importance of Gold and Silver" and you can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/SilverInvestor/1205474400.php

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

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