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James Turk: Dollar ends ''waterfall'' decline but gold rises in other currencies
4:06p ET Sunday, December 12, 2004
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of the
Freemarket Gold & Money Report and founder
of GoldMoney, has written "An Open Letter to
the Bullion Desk," correcting the misinformation
the Bullion Desk posted last week about the
World Gold Council's new exchange-traded
bullion fund, misinformation from which the
Bullion Desk ran away after it was challenged.
This is the same misinformation that was
posted at 321Gold last week and to which
321Gold refused to allow a corrective response.
Turk notes that, contrary to the misinformation
posted at the Bullion Desk and 321Gold, the
duplicate-numbered gold bars reported by the
bullion fund are NOT normal, and that the fund
has already admitted the business relationship
with the Bank of England that the Bullion Desk
and 321Gold denied.
Let's see if they'll correct themselves or allow
a response.
You can find Turk's commentary at GoldSeek
here:
http://news.goldseek.com/JamesTurk/1102917562.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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