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Doug Hornig: About those IMF gold sales

Submitted by cpowell on Fri, 2007-02-09 14:58 Section: Daily Dispatches

2:55p ET Friday, February 9, 2007

Dear Friend of GATA and Gold:

Doug Hornig of Doug Casey's International Speculator letter cites GATA and our friend Mike Kosares of USAGold.com/Centennial Precious Metals in an analysis "About Those IMF Gold Sales." Hornig concludes:

"If IMF sales do happen and if they depress gold's price, that's a buying opportunity ... for bullion and especially for the high-quality junior exploration stocks that pack the most punch in a rising gold market."

You can find Hornig's analysis at GoldSeek here:

http://news.goldseek.com/GoldSeek/1171037050.php [1]

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

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Source URL: https://gata.org/node/4801

Links
[1] http://news.goldseek.com/GoldSeek/1171037050.php
[2] http://www.GATA.org