gata.org / By cpowell / 3:40p ET Saturday, August 25, 2012
Dear Friend of GATA and Gold:
Founded
in 1992, Smart Money magazine, a product of The Wall Street Journal, is
going out of business with its September issue, which includes a
review, titled “Hits and Misses,” of what the magazine, its editors, and
writers have gotten right and wrong in their 20 years. Perhaps their
biggest miss is gold, as signified by the magazine’s recapitulation of
its June 2004 interview with GATA Chairman Bill Murphy, who remarked
that the monetary metal, then priced at $422 per ounce, would double.
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