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Gold, silver shorts to experience pain, James Turk tells KWN
10:42p ET Tuesday, November 2, 2010
Dear Friend of GATA and Gold (and Silver):
Interviewed today by King World News, GoldMoney founder James Turk says gold and silver still look strong and the dollar weak, and he doesn't expect the dollar to recover much even if the Federal Reserve's new "quantitative easing" isn't as much as the market seems to expect. Excerpts from Turk's interview are headlined "Gold and Silver Shorts to Experience Pain" and you can find them at King World News here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/11/3_Ja...
Or try this abbreviated link:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Prophecy to Become Coal Producer This Year
with 1.5 Billion Tonnes of Resource
Prophecy Resource Corp. (TSX.V: PCY) announced on May 11 that it has entered into a mine services agreement with Leighton Asia Ltd. to begin coal production this year. Production will begin with a 250,000-tonne starter pit as planned in August, with production advancing to 2 million tonnes per year in 2011. Prophecy is fully funded to production and its management team includes John Morganti, Arnold Armstrong, and Rob McEwen.
For Prophecy's complete press release about its production plans, please visit:
http://www.prophecyresource.com/news_2010_may11.php
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