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James Turk on M3's fall and silver's rise

Submitted by cpowell on Sun, 2010-01-10 12:15 Section: Daily Dispatches

12:07p ET Sunday, January 10, 2010

Dear Friend of GATA and Gold (and Silver):

James Turk, editor of the Free Gold Money Report, founder of GoldMoney, and consultant to GATA, posted two more timely economic analyses at the FGMR Internet site this week.

The first notes that the M3 money gauge in the United States has declined dramatically. Since prices are still rising, Turk wonders whether demand for dollars is falling faster than supply, or whether the official data simply isn't accurate. Turk's analysis is headlined "M3 Declines from One Year Ago" and you can find it here:

http://www.fgmr.com/m3-declines-from-one-year-ago.html

Turk's second commentary takes note of silver's recent strong performance. It's headlined "Silver Begins 2010 with an Impressive Start" and you can find it here:

http://www.fgmr.com/silver-begins-2010-with-an-impressive-start.html

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

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