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Tocqueville gold letter: Explosion in U.S. debt foretells dollar's devaluation against gold
10:48a ET Saturday, January 12, 2019
Dear Friend of GATA and Gold:
In the Tocqueville gold letter for January, fund manager John Hathaway argues that the explosion of U.S. government debt to banana republic levels foretells a big devaluation of the dollar against gold. (Just don't ask him why it hasn't happened already.)
The letter is headlined "Tocqueville Gold Strategy Fourth Quarter 2018 Investor Letter" and it's posted at the Tocqueville internet site here:
http://tocqueville.com/tocqueville-gold-strategy-fourth-quarter-2018-inv...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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