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Where's 'strong dollar' in 2% interest rates amid 4% inflation?

Section: Daily Dispatches

9:25p ET Wednesday, June 4, 2008

Dear Friend of GATA and Gold:

With his commentary tonight, "And the Ben Bernanke Award for Fiction Goes to ...," Adrian Ash, editor of Gold News and research director for Bullion Vault, could not be more politically incorrect, wondering how a new "strong-dollar policy" can be constructed from interest rates at 2 percent amid an inflation rate of at least 4 percent. You can find Ash's commentary at GoldSeek here:

http://news.goldseek.com/GoldSeek/1212608351.php

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

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