5:30p ET Monday, March 5, 2007

Dear Friend of GATA and Gold:

Buying shares of the gold exchange-traded fund sponsored by the World Gold Council isn't quite buying gold itself, GoldMoney founder James Turk writes in an essay adapted from the latest issue of his Freemarket Gold & Money Report (www.fgmr.com [1]). Turk's essay is titled "The Paper Game" and you can find it at Jim and Mary Puplava's Financial Sense site here:

http://www.financialsense.com/editorials/turk/2007/0305.html [2]

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

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