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Mar 20, 2009

GATA Dispatches: "Own gold,the metal, not paper promise, by John Embry"

Submitted by cpowell on 01:07PM ET Friday, March 20, 2009. Section: Daily Dispatches 4p ET Friday, March 20, 2009Dear Friend of GATA and Gold:In his latest commentary for Investor's Digest of Canada, Sprott Asset Management's chief investment strategist, John Embry, notes the failure of the supposed massive gold purchases by exchanged-traded funds to affect the gold price much. He wonders: Since mine production is declining, where is the ETF gold coming from? And since the custodians of the ETF gold are also the perpetrators of the gold price suppression scheme, is the ETF gold really there at all?Better to hold real metal in one's hot little hands than paper promises of metal, Embry writes, and that's where the headline on his essay comes from. It's "Own Gold, the Metal, Not a Paper Promise," and you can find it at the Sprott Internet site here:
* * * Join GATA here:Bahamas Investment ConferenceThursday-Friday, March 26-27, 2009Atlantis Resort and Casino, Nassau* * *Help keep GATA goingGATA 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:http://www.gata.orgTo contribute to GATA, please visit: GATAinfo@gata.orgGold Anti-Trust Action Committee7 Villa Louisa RoadManchester, Connecticut06043-7541 USA Alerts "Stocks Down After Bernanke Remarks"

This is a transcript of the Market Update: Afternoon video report.

To read full story, click HERE Alerts "Stocks fall, endangering week of gains"

Stocks fall, endangering second week of gains.

To read full story, click HERE Alerts "Bank stocks Slump..."

Bank stocks slump as asset concerns resurface.

To read full story, click HERE

Two Markets…Two Directions (S&P and Crude Oil)

Adam Hewison had set us two great videos read him below:

In our new video we are going to be looking at two different markets that are headed in two different directions.
We recently looked at the equity markets and alerted you to some very important levels that we thought the markets would have problems with. Those levels have now been reached and it remains to be seen if we are going to see the kind of market action that we were looking for.
To watch the video , click HERE

The second market were looking at is the crude oil market. This market has recently come alive to the upside and bear watching.
This is a short video, but it may contain the blueprint for these two markets. No registration is required to watch this video.
To watch the video, please click HERE

Adam Hewison
President of
Co-creator of