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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (50699)	10/20/2018 10:43:05 AM
From: Goose94	Read Replies (1) \| Respond to of 203346

Gold: Lawrence Lepard, managing partner of Equity Management Associates in Wellesley, Massachusetts, whose investments have been concentrated in the monetary metals mining industry, has just sent a letter to his investors outlining the case for an upward reversal in the industry's fortunes. Lepard's letter may be most interesting for showing that the monetary metals are now priced far below traditional valuations and for arguing that any reversion to the mean would be explosive. Perhaps most telling is the letter's chart showing the sharp break in 2011 in the historic correlation between the gold price and the U.S. national debt -- a break that powerfully implies urgent official intervention against a rising gold price. Lepard has kindly allowed GATA to share the letter with you and so it is posted in PDF format here: gata.org Chris Powell, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. CPowell@GATA.org