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Fred Goldstein: Cash for gold? Are you kidding?

Section: Daily Dispatches

8:15p ET Tuesday, November 3, 2009

Dear Friend of GATA and Gold:

Fred Goldstein, senior broker for gold dealer Swiss America Trading Corp. in Phoenix, remarks in a new essay that gold-buying operations advertising that "gold is at an all-time high" are deceptive because, in inflation-adjusted terms, gold is far from such a high. Goldstein's essay is headlined "Cash for Gold? Are You Kidding?" and you can find it at the Swiss America Internet site here:

http://www.swissamerica.com/article.php?art=10-2009/200910200425f.txt

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

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