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James Turk: The U.S. dollar breaks down
11:14p ET Sunday, May 10, 2009
Dear Friend of GATA and Gold:
In commentary posted today, GoldMoney founder James Turk reports that the U.S. dollar appears to have broken down out of a bear-market rally while gold is moving upward out of a reverse head-and-shoulders formation. Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, headlines his commentary "The U.S. Dollar Breaks Down" and you can find it at GoldMoney.com here:
http://goldmoney.com/en/commentary/2009-05-10.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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