You are here

Thom Calandra: Margin calls loom for Treasuries

Section: Daily Dispatches

5:10p ET Wednesday, October 8, 2008

Dear Friend of GATA and Gold:

Thom Calandra, formerly of CBSMarketWatch and The Calandra Report, writes at Stockhouse that recapitalizing the Western central banks so they can rescue their nations' bankrupt private banks will mean the devaluation of their currencies. Gold, Calandra writes, is likely to benefit from this to what GATA's old friend, Bob Bishop, retired editor of Gold Mining Stock Report, says will be a "monstrous" degree. Calandra's commentary is headlined "Margin Calls Loom for Treasuries" and you can find it at Stockhouse here:

Or try this abbreviated link:

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

* * *

Join GATA here:

New Orleans Investment Conference
Thursday-Monday, November 13-18, 2008
New Orleans Marriott Hotel

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at