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Did Professor Mundell really say that about China and gold?

Section: Daily Dispatches

3:09p ET Thursday, October 23, 2008

Dear Friend of GATA and Gold:

A market consultant in Vancouver, Cam Hui, writing for Seeking Alpha, isn't quite sure that the great economist, Columbia University Professor Robert Mundell, was quoted correctly by GATA the other day at the fall meeting of the Committee for Monetary Research and Education to the effect that China should buy any gold the International Monetary Fund might care to sell (http://www.gata.org/node/6792). But Hui is intrigued enough to mention it, and the videotape of the meeting may be available soon enough for those who remain skeptical. Hui's commentary is headlined "For a Fork in the Road, a Barbell Portfolio" and you can find it here:

http://seekingalpha.com/article/101492-for-a-fork-in-the-road-a-barbell-...

Or try this abbreviated link:

http://tinyurl.com/5sqaog

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

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