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Jason Hommel: Has the IMF admitted GATA is right?

Section: Daily Dispatches

6p ET Friday, February 16, 2007

Dear Friend of GATA and Gold:

Silver Stock Report editor Jason Hommel has reviewed the International Monetary Fund's concern that its rules allow central banks to double-count their gold, to count leased gold as if it is gold still in the vault. Hommel's essay is titled "Has the IMF Admitted GATA Is Right?" and you can find it at Silver Stock Report here:

And at GoldSeek here:

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

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