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James Turk: A trendless dollar will break down soon
Submitted by cpowell on Thu, 2006-07-27 08:26
Section: Daily Dispatches
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, says his charts show that the U.S. dollar has not been able to regain the baseline of its three-year uptrend channel, and
so he expects the dollar to break sharply below it, even to the point of a rout. Turk's commentary is headlined "A Trendless Dollar" and you can find it in the "Founder's
Commentary" box at the top left of the GoldMoney home page here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
