Blanchard research note: Not much more gold likely to come out of Europe

Section:

10p ET Thursday, April 5, 2007

Dear Friend of GATA and Gold:

Blanchard & Co.'s research note for today does the math and concludes that the European central banks participating in the central bank gold agreements don't have much left to sell unless Germany and Italy change their positions, which seems unlikely. You can find the Blanchard research note at GoldSeek here:

http://news.goldseek.com/GoldSeek/1175788980.php

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

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