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New York Sun: The fiat Dow

Section: Daily Dispatches

4:20p ET Monday, January 28, 2013

Dear Friend of GATA and Gold:

While the Dow Jones Industrial Average is approaching 14,000, nearly twice what it was four years ago, the New York Sun notes today that the Dow is actually worth substantially less over four years in terms of gold. Economic growth won't be likely, the Sun argues, until the Dow is rising when priced in gold. The Sun's editorial is headlined "The Fiat Dow" and it's posted here:

http://www.nysun.com/editorials/the-fiat-dow/88174/

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



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