Egon von Greyerz: Gold is not going up; paper money is going down


4p ET Monday, December 7. 2009

Dear Friend of GATA and Gold:

With great detail and helpful charts, Egon von Greyerz of Matterhorn Asset Management in Zurich explains today how and why all paper currencies are depreciating against gold. Von Greyerz's analysis is as comprehensive a case for gold as has been made this year. It's headlined "Gold Is Not Going Up; Paper Money is Going Down" and you can find it at the Matterhorn Asset Management Internet site here:

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

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