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James Turk: A fabrication bottleneck or something more?
12:01p ET Sunday, August 17, 2008
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, comments on the retail market's shortage of gold and silver in his new essay, "A Fabrication Bottleneck or Something More?" Turk writes that GoldMoney had a record week for purchases last week but has not yet seen a shortage of the large LBMA-standard bars in which it typically does business. But Turk speculates that central bank gold vaults could be cleaned out if gold does not return to $900 soon. You can find Turk's essay 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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