New York Sun tries pricing real estate in gold


12:40p ET Friday, January 4, 2008

Dear Friend of GATA and Gold:

Thursday's edition of the New York Sun decided to try valuing Manhattan residential real estate in terms of gold and found values to be falling sharply. Of course GoldMoney's James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, long has been valuing oil in gold terms to show that oil's rising price is largely a matter of the depreciating dollar. Maybe now some others in the news media are catching on to the monetary debasement game.

The Sun's story, "Gold Value of Apartments Sinks," can be found here:

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

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Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 20-21,2008
Vancouver, British Columbia, Canada

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The next GATA conference
Friday and Saturday, April 18 and 19, 2008
Maybe "Gold Rush 21 1/2 -- Revenge of the Bugs"?
Washington, D.C., area

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