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Michael Kosares: Golden gut check
5:50p ET Tuesday, April 8, 2008
Dear Friend of GATA and Gold:
Michael Kosares, proprietor of Centennial Precious Metals in Denver and host of its invaluable USAGold Forum, has just done for gold what Ted Butler has just done for silver: evaluated the fundamentals and concluded that scarcity is likely to become shortage. Further, Kosares concludes, central bank gold sales will lose impact as central bank gold purchases increase. Kosares' analysis is headlined "Golden Gut Check: Why Gold Is Likely to Continue Moving Higher Over the Long Run," and you can find it at Centennial's Internet site here:
http://www.usagold.com/amk/abcs-goldengutcheck.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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