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John Lee: Market bottom only in hindsight
12:01a HKT Tuesday, June 26, 2012
Dear Friend of GATA and Gold:
Mining entrepreneur John Lee laments the collapse of gold mining shares to where they were when gold was priced hundreds of dollars lower than it is today, but he argues that the U.S. dollar has not really gained much despite the great inflow of haven-seeking money in recent years, and he calculates that a bottom for the mining shares is close if it hasn't already arrived. Lee's commentary is headlined "Market Bottom Only in Hindsight" and it's posted at the Prophecy Platinum Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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