Alasdair Macleod: Gold in 2016
2p ET Thursday, January 7, 2016
Dear Friend of GATA and Gold:
Reviewing gold's prospects for the new year, GoldMoney research director Alasdair Macleod writes that central banks "have covertly suppressed" the price but that the monetary metal is more undervalued than it has been since the Bretton Woods arrangements were repudiated in 1971. Further, Macleod writes, widespread currency devaluation seems certain even as China and its allies have cornered the gold market to insulate themselves from the inevitable. Macleod's commentary is headlined "Gold in 2016" and it's posted at GoldMoney here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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