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Izabella Kaminska: Germany's defaulted gold bearer bond

Section: Daily Dispatches

12:55a ET Friday, August 20, 2010

Dear Friend of GATA and Gold:

In her latest posting at FT Alphaville, blogger Izabella Kaminska calls attention to the attempt of a Florida company to obtain payment from Germany for Weimar-era gold bonds repudiated by the Nazi regime in the 1930s, bonds that, if honored, might be worth as much as $500 billion. It's an intriguing story but that Florida company has as much chance of recovery as the guy who took GATA Chairman Bill Murphy's marker for dinner and drinks on the last night of the Vancouver conference in June. Kaminska's commentary is headlined "Germany's Defaulted Gold Bearer Bond" and you can find it at FT Alphaville here:

http://ftalphaville.ft.com/blog/2010/08/19/319446/germanys-defaulted-gol...

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



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