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Trace Mayer: Oil majors should just buy real gold

Section: Daily Dispatches

6:46p ET Wednesday, December 18, 2008

Dear Friend of GATA and Gold:

Echoing GATA consultant Reg Howe's presentation to the Gold Rush 21 conference in 2005 and quoting Howe's partner at Golden Sextant Advisers, Robert K. Landis, Trace Mayer of RunToGold.com argues that the major oil companies would do far better with their cash if they put it into gold. Mayer's commentary is headlined "Oil Majors Should Just Buy Real Gold" and you can find it at RunToGold here:

http://www.runtogold.com/2008/12/oil-majors-should-just-buy-real-gold/

And at Seeking Alpha here:

http://seekingalpha.com/article/111175-oil-majors-should-just-buy-real-gold

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

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