Gold's breakout imminent

Interviewed by GoldSeek, Turk sees gold's breakout imminent

Submitted by cpowell on Wed, 2009-09-16 03:59. Section: Daily Dispatches

11:40p ET Tuesday, September 15, 2009

Dear Friend of GATA and Gold:

GoldSeek's Chris Waltzek today got an excellent 12-minute interview with GoldMoney founder and GATA consultant James Turk, who commented on the decline of the dollar, the stock market's rising in anticipation of hyperinflation, the likelihood of an imminent breakout in gold, and the explosion in the short positions in gold taken by bullion banks. The latter, Turk said, doesn't scare him as much as it scares some other people, since he takes it as a sign of desperation. Turk recommends the regular accumulation of gold and silver on a dollar-cost-averaging basis. You can listen to the interview at GoldSeek here:

http://www.radio.goldseek.com/players/turkplayersep15.php

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