Eric Hommelberg's gold/HUI update cites GATA's work

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9p ET Thursday, February 22, 2007

Dear Friend of GATA and Gold:

Eric Hommelberg of The Gold Discovery Letter cites GATA's work in his latest commentary, "TGDL Gold/HUI Update," posted today at GoldSeek here:

http://news.goldseek.com/EricHommelberg/1172170800.php

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

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Help Keep GATA Going

Might be good if they put some of this into gold

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Goldman Hands Out
Bumper Payouts
After Stellar Year

By Ben White
Financial Times, London
Thursday, February 22, 2007

http://www.ft.com/cms/s/cac54720-c218-11db-ae23-000b5df10621.html

GoldSeek's 'Virtual Gold Investment Conference' is on the air

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1:07p ET Thursday, February 22, 2007

Dear Friend of GATA and Gold:

GoldSeek today held its "Virtual Gold Investment Conference," with presentations by:

-- GATA Chairman Bill Murphy.

-- GoldMoney founder, Freemarket Gold & Money Report editor, and GATA consultant James Turk.

-- Peter Schiff of Euro-Pacific Capital.

-- Julian Phillips of Gold Forecaster.

Barrick accelerates reduction of gold hedges

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Excerpted from
Barrick Gold Corp. Press Release
Thursday, February 22, 2007

http://biz.yahoo.com/iw/070222/0218637.html

Hedge Book Reduction

During fourth quarter 2006, Barrick reduced its fixed price Corporate Gold Sales Contract position by 1.0 million ounces, and incurred a pre-tax opportunity cost of $327 million ($0.37 per share) against its gold sales.

You can know a few things, or you can have technical analysis

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1:18a ET Thursday, February 22, 2007

Dear Friend of GATA and Gold:

Some of us grunts in the gold army don't believe in technical analysis. To us it's just a bunch of entrail reading, astrology, and illusion, because the markets themselves now are mainly illusions.

A courageous and principled politician in action

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9:52p ET Wednesday, February 21, 2007

Dear Friend of GATA and Gold:

U.S. Rep. Ron Paul, R-Texas, was able to read aloud for the cameras some of his prepared statement at the Feb. 15 meeting of the House Financial Services
Committee
(http://www.house.gov/paul/congrec/congrec2007/cr021507.htm),
which was forwarded to you in a GATA dispatch on Feb. 17. Now someone has posted at YouTube.com the C-SPAN video of Paul's remarks. The committee's sound system fails briefly, and Paul is cut short because of a lack of time, but it's a chance to see a courageous and principled politician in action.

Peter Millar: Seven-fold increase in gold needed to avert debt depression

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7p ET Wednesday, February 21, 2007

Dear Friend of GATA and Gold:

While it is almost a year old, a study of the enduring importance of gold in the world economic system by R. Peter W. Millar, founder of Valu-Trac Investment Research Ltd. in Scotland (www.valu-trac.com), seems ever more compelling, and Millar graciously has agreed to let it be shared with you.

ROB-TV's Jim O'Connell takes medical leave

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12:09p ET Wednesday, February 21, 2007

Dear Friend of GATA and Gold:

Report on Business Television in Canada, which, because of its Internet video archive has been what might be called Radio Free America, announced Tuesday that the longtime host of its "Market Call" program, Jim O'Connell, will be taking leave to undergo treatment for cancer. ROB-TV's statement about O'Connell's leave is appended.

Peter Grandich: Year of the pig and the trip to the slaughterhouse

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11a ET Wednesday, February 21, 2007

Dear Friend of GATA and Gold:

Market analyst Peter Grandich's new letter is headlined "The Year of the Pig and the Coming Trip to the Slaughterhouse." It's talking about the precarious position of the U.S. dollar, and it examines the world economic situation generally and a bunch of mining companies particularly. It also urges support for GATA, as Grandich often has done, for which we're deeply grateful. You can find it at GoldSeek here:

Vietnam forsakes real economy for stock trading

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Stock Market Mania
Grips Vietnamese

By Amy Kazmin
Financial Times, London
Tuesday, February 20, 2007

http://www.ft.com/cms/s/4cd3fc26-c0f1-11db-bf18-000b5df10621.html

A manager at a foreign-run hotel and part-time MBA student, Nguyen Dung, 26, had never owned shares in a company until recently. But last week, impressed by the spectacular rise of Vietnam's stock market, he invested $650 in an informal pool with 30 of his MBA classmates.