Two replies to Brett Arends' disparaging of gold in The Wall Street Journal

Section:

10:30p ET Sunday, May 30, 2010

Dear Friend of GATA and Gold:

Gary North has written a comprehensive and brilliant reply to Brett Arends' essay in The Wall Street Journal last week disparaging gold as an investment. North gets a little angry but he's been fighting this battle a lot longer than most people and he may be forgiven for losing patience with those who are at best uninformed. North's essay is headlined "The Wall Street Journal's War on Gold" and you can find it at Lew Rockwell's Internet site here:

http://www.lewrockwell.com/north/north849.html

Also replying well to Arends is Robert Blumen, who writes "The Wall Street Journal Does Not Understand How the Gold Price Is Formed." You can find that essay at 24hGold.com here:

http://www.24hgold.com/english/news-gold-silver-wsj-does-not-understand-...

Your secretary/treasurer made contact with Arends a couple of days ago and encouraged him to review and consider the material in the "Documentation" section at GATA's Internet site here:

http://www.gata.org/taxonomy/term/21

With his acknowledgement Arends did not seem very receptive, but you never know when people will entertain the possibility that there may be more to a subject than they think.

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



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