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John Mauldin: Gold is rising in all currencies

Section: Daily Dispatches

6:30p ET Saturday, February 17, 2007

Dear Friend of GATA and Gold:

In new commentary, John Mauldin of Millennium Wave Advisers notes, as GoldMoney founder and GATA consultant James Turk long has been noting, that gold is now rising in all major currencies.

Mauldin also quotes Dennis Gartman of The Gartman Letter as acknowledging that someone is trying to cap the gold price at $670 and that "it may be a government." In other recent commentary Gartman has said that he doesn't know who is suppressing gold and doesn't care. This may be construed to mean that he doesn't dare ask. But since Gartman now has acknowledged, in effect, that GATA just MIGHT be right about gold, maybe his apology for years of ridiculing those who have been complaining about the gold price suppression scheme will turn up in Monday's mail.

You can find Mauldin's commentary, "Gold, Housing, and the Yield Curve," at GoldSeek here:

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

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