Adrian Douglas: Proof of gold price suppression -- gold and the U.S. dollar

Section:

6:15p ET Tuesday, July 20, 2010

Dear Friend of GATA and Gold:

GATA board member Adrian Douglas, editor of the Market Force Analysis letter (http://www.MarketForceAnalysis.com), examines the ratio between the supply of gold and the U.S. dollar and concludes that the dollar's gold backing has fallen to a mere 2.3 percent and that the real dollar value of gold now approaches $53,000 per ounce. Douglas' new study is headlined "Proof of Gold Price Suppression: Gold and the U.S. Dollar," and you can find it in PDF format with a chart at GATA's Internet site here:

http://www.gata.org/files/AdrianDouglasProofOfGoldPriceSuppression-07-20...

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



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