James Turk: Gold's rise against major currencies is accelerating

Section:

11:57a ET Saturday, June 19, 2010

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, a consultant to GATA, reports today that gold's price rise against major currencies is accelerating. He concludes: "As the sovereign debt crisis deepens and the debasement of national currencies at the hands of central bankers and politicians becomes increasingly recognized, more and more people are starting to understand the true nature of gold. It is not only money, but a better money than any national currency."

Turk's commentary is accompanied by some good charts, is headlined "Gold Sets Another Record," and can be found at the GoldMoney Internet site here:

http://goldmoney.com/gold-sets-another-record.html

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



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