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James Turk: The 'real' gold price
9:12p ET Friday, January 25, 2008
Dear Friend of GATA and Gold:
In a new essay GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, reflects on the inflation-adjusted price of gold and concludes that if gold today matched its 1980 high in real terms it would be priced between $2,300 and $6,300 per ounce. The difference between those prices and today's price is government intervention in the gold market. You can find Turk's essay, "The 'Real' Gold Price," at Kitco here:
http://www.kitco.com/ind/Turk/turk_jan252008.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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