Massive European bank gold sales continue to fail

Section:

12:51p ET Tuesday, April 24, 2007

Dear Friend of GATA and Gold:

Neal Ryan's daily Blanchard Economic Research Note reports that massive gold sales by members of the European Central Bank continued last week but continue to fail to knock the price down. You can find Ryan's commentary at GoldSeek here:

http://news.goldseek.com/GoldSeek/1177426920.php

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

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