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Eric Sprott: The era of China
2:30p ET Thursday, May 24, 2007
Dear Friend of GATA and Gold:
Today seems to be one of the many days in the metals business when it's good to take the long view, and there may be no better way of doing that than by reading a new essay by Eric Sprott, founder of Sprott Asset Management in Toronto. It's called "The Era of China" and it reminds us that the developing world still has more growing to do than most of us in the West can imagine. That growth won't be accomplished with derivatives but with real stuff.
You can find Sprott's essay at his firm's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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