Loss of confidence in fiat currencies

Jay Taylor tells BNN about loss of confidence in fiat currencies

Submitted by cpowell on Sat, 2010-05-01 01:10. Section: Daily Dispatches

9:10p ET Friday, April 30, 2010

Dear Friend of GATA and Gold:

On its "Trading Day" program today, Canada's Business News Network interviewed precious metals newsletter writer Jay Taylor (www.MiningStocks.com) for six minutes about the loss of faith in government currencies and the worldwide monetary system, a perfect environment for gold. While the Western public is largely oblivious to gold, Taylor says, Asians have never forgotten that it is money. You can watch the interview at the BNN Internet site here:

http://watch.bnn.ca/#clip296257

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