James Turk: Gold pulling away from $600

Section:

8:38a ET Monday, February 12, 2007

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, writes that gold's low of $604.90 on January 5 appears to have been a "selling climax" and that gold now is pulling away from $600 for good. Turk writes that silver is showing even more strength. You can find his analysis and some great charts in his "Founder's Commentary," headlined "Pulling Away from $600," at the top left of the GoldMoney home page here:

http://goldmoney.com

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

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