4:25p ET Friday, February 2, 2007

Dear Friend of GATA and Gold:

MineWeb had Blanchard & Co. research director Neal R. Ryan elaborate on his research note GATA dispatched to you yesterday. It is now an essay headlined "The Reasons Why Proposed IMF Gold Sales Won't Happen" and you can find it here:

http://www.mineweb.net/american_notes/606828.htm [1]

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

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