John Embry: Comparison shows gold underpriced by at least $400

Section:

11:50a ET Saturday, December 29, 2007

Dear Friend of GATA and Gold:

Sprott Asset Management's chief investment strategist, John Embry, writes in Investor's Digest of Canada that traditional price relationships for gold would put its price at least $400 higher except for the central bank campaign to suppress it. But Embry adds that that campaign is losing and will be overcome. You can find his commentary, "Comparison Shows Gold Underpriced by US$400," at the Sprott site here:

http://www.sprott.com/pdf/investorsdigest/12_2007_ID_Comparison%20shows%20gold%20underpriced%20by%20US$400.pdf

Or try this abbreviated link:

http://tinyurl.com/23tdgu

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

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