Murray Pollitt: As intervention fails, only gold market has a pulse
September 30, 2010 by goldguru · Leave a Comment
12:38a ET Thursday, September 30, 2010
Dear Friend of GATA and Gold:
In his latest market letter, Murray Pollitt of Pollitt & Co. in Toronto remarks that the financial markets lack much of a pulse except in the precious metals, because “we now appear to have come to the end of another 30 years of intervention in the gold market.” Gold, Pollitt writes, “will lead other commodities and wealth-creating stocks higher while sending all these overvalued currencies lower.” Pollitt’s commentary is titled “Pulse” and he generously has allowed GATA to share it with you here:
http://www.gata.org/files/MurrayPollitt-09-21-2010.pdf
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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