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John Embry: Gold could soon pass the US$1,000 level
6:30p ET Tuesday, January 29, 2008
Dear Friend of GATA and Gold:
Sprott Asset Management's chief investment strategist, John Embry, writes in Investor's Digest of Canada that the world financial crisis has been "generated by almost unfathomable leverage, created by an unholy trinity of structured finance, derivatives, and hyper-aggressive hedge funds." Embry's commentary is headlined "Gold Could Soon Pass the US$1,000 Level" and you can find it at the Sprott site here:
http://www.sprott.com/pdf/investorsdigest/01_2008_ID_Gold%20Could%20Soon...$1000%20Level.pdf
Or try this abbreviated link:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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