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What happens when metal exchanges, Freddie, Fannie fail?

Section: Daily Dispatches

9p ET Friday, August 22, 2008

Dear Friend of GATA and Gold:

Alex Wallenwein of Euro vs. Dollar Gold Monitor contemplates the likely failure of the commodities exchanges for gold and silver with his new commentary, "What Price Gold?," which you can find at Gold-Eagle here:

http://www.gold-eagle.com/gold_digest_08/wallenwein082208.html

And at 24hGold here:

http://www.24hgold.com/viewarticle.aspx?langue=en&articleid=306844_What_...

Meanwhile, John Lee of Mau Capital contemplates the likely failure of Fannie Mae and Freddie Mac and the impact on gold in his new commentary, "Freddie's Loss is Gold's Gain," which can be found at Gold-Eagle here:

http://www.gold-eagle.com/editorials_08/lee082208.html

And at GoldMau here:

http://new.goldmau.com/article.php?id=569

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

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