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To: Gut Trader who wrote (352942)1/9/2008 4:28:12 PM
From: Secret_Agent_Man  Respond to of 436258
 
James Turk: $53 trillion and growing

Submitted by cpowell on 11:36AM ET Wednesday, January 9, 2008. Section: Daily Dispatches
2:28p ET Wednesday, January 9, 2008

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, has studied the Financial Report of the U.S. Government for 2007 and, in a new essay, reports that the government's debt has reached $53 trillion even as the government acknowledges that it cannot properly account for 57 percent of its assets and 25 percent of its costs.

But of course whatever can't be found can always be covered with a few computer keystrokes, for which the foreigners will always send Americans real goods. Won't they?

Turk's new essay is titled "$53 Trillion and Growing" and you can find it at Financial Sense here:

financialsense.com

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