John Embry: Lending crisis sets U.S. dollar on fatal course


9a ET Friday, September 14, 2007

Dear Friend of GATA and Gold:

In his latest essay for Investor's Digest of Canada, Sprott Asset Management's chief investment strategist, John Embry, muses on the idiocy of some gold-market commentary amid the increasingly desperate central bank interventions in the market. Embry's essay is headlined "Lending Crisis Sets U.S. Dollar on Fatal Course" and you can find it at the Sprott site here:

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

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