John Embry raps Greenspan and World Gold Council leader

11a ET Saturday, May 26, 2007

Dear Friend of GATA and Gold:

Sprott Asset Management's chief investment strategist, John Embry, lands a few good blows in some recent commentary in Investor's Digest of Canada.

Embry quotes former Federal Reserve Chairman Alan Greenspan's approval, two years ago, of what has become the subprime mortgage lending catastrophe. And Embry notes the failure of the chief executive of the World Gold Council, James Burton, to stand up for the mining industry against the central banks and the bullion banks.

Embry's commentary is headlined "Expect a Try for a New Gold Record by Year-End," and you can find it at the Sprott Internet site here:

http://www.sprott.com/pdf/investorsdigest/investors_digest_may_04_2007.pdf

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

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