You are here

Al Korelin: Why invest in gold if the price is manipulated?

Section: Daily Dispatches

4:45p ET Monday, October 1, 2007

Dear Friend of GATA and Gold:

GATA today received the formal endorsement of Al Korelin of the Korelin Economics Report, whose new essay, "Why Bother Investing in Gold if the Price Is Manipulated?," can be found at Kitco here:

http://www.kitco.com/ind/korelin/oct012007.html

Korelin's answer is GATA's: that the manipulation is going to fail. And the sooner it is exposed, as it was again the other day by Citigroup, the sooner it is likely to fail, because the main purpose of the manipulation is to deceive the various markets. When no one is deceived anymore, game over.

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

* * *

Join GATA here:

New Orleans Investment Conference
Sunday-Thursday, October 21-25, 2007
New Orleans, Louisiana
http://www.neworleansconference.com

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at http://www.gata.org/.

GATA is grateful for financial contributions, which are federally tax-deductible in the United States.