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James Turk: The other reason to own gold

Section: Daily Dispatches

2:14a ET Saturday, March 15, 2008

Dear Friend of GATA and Gold:

Gold isn't just a hedge against inflation, GoldMoney founder and GATA consultant James Turk says. It's also a hedge against general economic catastrophe -- the sort of thing whose head seems to be popping up almost everywhere, most recently this week on Wall Street, where the Federal Reserve committed untold billions to prop up a financial house whose fall seemed likely to knock down dominoes all over the world. Turk's new commentary is headlined "The Other Reason to Own Gold" and you can find it at Kitco here:

http://www.kitco.com/ind/Turk/turk_mar142008.html

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

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