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Peter DeGraaf: The fuse has been lit and the rocket is rising

Section: Daily Dispatches

1p ET Sunday, May 18, 2008

Dear Friend of GATA and Gold:

Market analyst Peter DeGraaf's new commentary enumerates 16 fundamental conditions he says will keep powering gold upward. One of them is the likely inability or refusal of the U.S. Treasury Department to prove that its gold has not been leased or otherwise encumbered. DeGraaf's commentary is headlined "The Fuse Has Been Lit and the Rocket is Rising" and you can find it at GoldSeek here:

http://news.goldseek.com/GoldSeek/1211144400.php

And at 24hGold here:

http://www.24hgold.com/viewarticle.aspx?langue=en&articleid=257847__The_...

Or, for the commentary at 24hGold, try this abbreviated link:

http://tinyurl.com/63xaky

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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