logo
Published on Gold Anti-Trust Action Committee (http://www.gata.org)

John Lee: Market bottom only in hindsight

By cpowell
Created 2012-06-25 16:07

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:

http://prophecyplat.com/market.php [1]

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



ADVERTISEMENT

Be Part of a Chance to Discover
Multi-Million-Ounce Gold and Silver Deposits in Canada

Northaven Resources Corp. (TSX-V:NTV) is advancing five gold and silver projects in highly prospective and politically stable British Columbia, Canada.

Check out the exploration program on our Allco gold/silver project :

-- A large (13,000 hectare) property, covering more than 15 square kilometers of a regional mineralized trend just 3km from a recently announced 1.2-million-ounce gold and 15-million-ounce silver deposit.

-- The property hosts historic high-grade silver workings and many mineral showings as well as former mines at the property's northern and southern boundaries.

-- A deep-penetrating airborne geophysics survey has just been completed on the entire property and neighboring deposits and its results are eagerly awaited.

To learn more about the Allco property or Northaven's other gold and silver projects, please visit:

http://www.northavenresources.com [2]

Or call Northaven CEO Allen Leschert at 604-696-3600.



Join GATA here:

Hong Kong Gold Investment Forum
Tuesday-Wednesday, June 26-27, 2012
Renaissance Harbour View Hotel, Hong Kong
http://www.hkgoldinvestmentforum.com/ [3]

Toronto Resource Investment Conference
Thursday-Friday, September 27-28, 2012
Toronto Sheraton Centre Hotel
Toronto, Ontario, Canada
http://www.cambridgehouse.com/event/toronto-resource-investment-conferen... [4]

New Orleans Investment Conference
Wednesday-Saturday, October 24-27, 2012
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
http://www.neworleansconference.com/ [5]

* * *

Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html [6]

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts [7]

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal [8]

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org [9]

To contribute to GATA, please visit:

http://www.gata.org/node/16 [10]