Ted Butler sees 'an ugly new record'; and Paramount lists on AMEX

9:40p ET Tuesday, July 31, 2007

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler reports that the price of silver was driven down last week only by the creation of the largest commercial short position on record. Butler's new commentary is titled "An Ugly New Record" and you can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1185902471.php

And GATA congratulates its longtime supporter, Paramount Gold Mining Corp., on its imminent listing on the American Stock Exchange, using the symbol PZG:

http://biz.yahoo.com/iw/070730/0283584.html

This seems likely to increase interest in the company substantially.

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

* * *

Join GATA at these conferences:

The Silver Summit
Thursday-Friday, September 20-21, 2007
Coeur d'Alene, Idaho
http://thesilversummit.com

New Orleans Investment Conference
Sunday-Thursday, October 21-25, 2007
New Orleans, Louisiana
http://www.neworleansconference.com

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at http://www.gata.org/.

GATA is grateful for financial contributions, which are federally tax-deductible in the United States.