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Fat Prophets: Gold -- the last carry trade

Section: Daily Dispatches

11:54a ET Sunday, October 12, 2008

Dear Friend of GATA and Gold:

In commentary posted today at Seeking Alpha, the Fat Prophets market research firm in New York has taken note of the short position and carry trade in gold, the desire of central banks to suppress the gold price, paper gold's suppressive effect on the price of real gold, and sharply rising gold lease rates, indicating strain in the price suppression scheme. The Fat Prophets commentary is thus an indication that the real gold story is starting to get around in establishment circles. It's headlined "Gold: The Last Carry Trade" and you can find it here:

http://seekingalpha.com/article/99495-gold-the-last-carry-trade?

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

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