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Peter DeGraaf sounds like GATA in making case for higher gold and silver

Section: Daily Dispatches

10:23p ET Wednesday, April 9, 2008

Dear Friend of GATA and Gold:

Market letter writer Peter DeGraaf makes many of GATA's points and cites some of GATA's evidence (without quite crediting GATA) in commentary posted today at Market Oracle, "Gold and Silver: Preparing for the Next Launch to Greater Heights." DeGraaf notes that central banks hate a rising gold price but sell gold to depress the price only at the risk of exhausting the ammunition they need to control the market. You can find DeGraaf's commentary here:

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

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