GATA | THE GATA DISPATCHES -October 25, 2012-: German gold has been gone since 201 | Gold and Silver in the curency War | German gold reserve audit controversy

German gold has been gone since 2001, Turk tells King World News

Submitted by cpowell on 01:09PM ET Thursday, October 25, 2012. Section: Daily Dispatches 2:52p CT Thursday, October 25, 2012

GoldMoney founder and GATA consultant James Turk, whose 2001 commentary first posted at his Free Gold Money Report Internet site, "Behind Closed Doors" --

http://www.fgmr.com/behind-closed-doors.html
-- and republished at GATA's Internet site --
http://www.gata.org/node/1088

-- martialed the evidence that the United States had swapped gold with the German Bundesbank for market-rigging purposes, today tells King World News that all the German gold vaulted abroad has been gone, leased into the market, for 11 years. Excerpts from the interview and Turk's 2001 commentary are posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/25_J...

Jesse: Gold and silver are the strategic high ground in the currency war

Submitted by cpowell on 12:41PM ET Thursday, October 25, 2012. Section: Daily Dispatches

2:35p CT Thursday, October 25, 2012

Jesse's Cafe Americain has some insightful commentary this week about the international currency war and gives GATA credit for perceiving the war's gold and silver details.

Jesse writes: "Gold and silver are intimately involved in the unfolding currency war, because they take no sides and have no counterparty risk. No one can print them. And this is why I think GATA is right -- not because of the evidence they have, which is more substantial than one might suspect given obsessive secrecy and the disinformation campaigns -- but because it is exactly what one would do if there was to be a currency war, and such things as gold and silver existed. It is basic strategy of war: Seek to control the high ground. And along with oil, gold and silver are strategic high ground in a currency war. And the first victim in a war is the truth."

Jesse's commentary is posted here:
http://jessescrossroadscafe.blogspot.com/search?updated-max=2012-10-23T1...

'Keiser Report' examines German gold reserve audit controversy

Submitted by cpowell on 09:30AM ET Thursday, October 25, 2012. Section: Daily Dispatches

11:34a CT Thursday, October 25, 2012

Financial market provocateur Max Keiser, whose interview with Bundesbank officials in Frankfurt four years ago raised the issue of the foreign vaulting of most of the German gold reserve, revisits the newly controversial issue today on his program, "The Keiser Report," on the Russia Today network with his sidekick commentator, Stacy Herbert. They discuss the German government auditors office's calls for an audit of the gold reserve and the possibility that the gold is, to put it nicely, oversubscribed. Keiser also interviews market analyst Dominic Frisby about the issue. GATA figures heavily in the discussion. It's 26 minutes long and posted at the Russia Today Internet site here:

http://rt.com/programs/keiser-report/episode-358-max-keiser/

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