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James Turk: The antidote for subprime woes
2p ET Monday, July 2, 2007
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, sees in the subprime mortgage bond disaster a reminder of counterparty risk -- the risk that gold and silver are perfect for avoiding, provided they are held closely and are not merely the illusions of metal, "paper" gold and silver. Turk's new analysis is titled "The Antidote for Subprime Woes" and you can find it in the "Founder's Commentary" section in the third column of the GoldMoney home page here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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