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New York Sun: Getting beyond the Fed
10:24a HKT Friday, March 22, 2013
Dear Friend of GATA and Gold:
The New York Sun reports today that U.S. Rep. Kevin Brady, R-Texas, chairman of the Joint Economic Committee, has proposed legislation for a review of the monetary system of the United States upon the hundredth anniversary of the creation of the Federal Reserve.
The Sun writes that Brady's Centennial Monetary Commission Act "would establish a commission 'to examine the United States monetary policy, evaluate alternative monetary regimes, and recommend a course for monetary policy going forward.'" That is, not advocacy of returning to a gold standard but of thinking seriously about where the Fed has gotten the country and where and how the country might move on.
The Sun's commentary is headlined "Getting Beyond the Fed" and it's posted here:
http://www.nysun.com/editorials/a-breakthrough-on-money/88234/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
How to profit in the new year with silver --
and which stocks to buy now
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GoldMoney Reduces Storage and Exchange Fees
From April 1 GoldMoney will be reducing by a third its storage fees on gold stored at all VIA MAT vaults to just 0.12 percent per year and halving the cost of storing silver with VIA MAT Switzerland to bring it in line with GoldMoney's silver storage fees at other vault locations: 0.49 percent per year as the standard fee and 0.39 percent per year for more than 50,000 ounces of silver. In addition, GoldMoney's minimum storage fee will be reduced to only 0.001 grams per month for gold, platinum, and palladium, and 0.001 ounces per month for silver. In April GoldMoney also will be simplifying and reducing its metal-to-metal exchange fees. For the full details of these significant fee reductions, please visit:
http://www.goldmoney.com/lower-fees-overview?gmrefcode=gata
