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James Turk: Gold and silver head back toward support
10:19a ET Tuesday, August 11, 2009
Dear Friend of GATA and Gold (and Silver):
GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, has gotten out his charts and concluded that gold and silver have done very well lately even as overwhelming selling by the agents of central banks has sent the metals back toward support levels. Turk sees a danger of collapse for the British pound prior to any collapse of the U.S. dollar. Turk's analysis is headlined "Back Toward Support" and you can find it at the GoldMoney Internet site here:
http://goldmoney.com/commentary-back-toward-support.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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