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John Embry: Gold is still spectacularly underpriced

Section: Daily Dispatches

5:27p ET Thursday, March 6, 2008

Dear Friend of GATA and Gold:

Sprott Asset Management's chief investment strategist, John Embry, argues in Investor's Digest of Canada that gold remains spectacularly underpriced, especially insofar as its recent nominal highs are only a fraction of what gold's 1980 high would be when adjusted for inflation since then. You can find Embry's commentary here:

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

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