9:40p ET Tuesday, July 31, 2007

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler reports that the price of silver was driven down last week only by the creation of the largest commercial short position on record. Butler's new commentary is titled "An Ugly New Record" and you can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1185902471.php [1]

And GATA congratulates its longtime supporter, Paramount Gold Mining Corp., on its imminent listing on the American Stock Exchange, using the symbol PZG:

http://biz.yahoo.com/iw/070730/0283584.html [2]

This seems likely to increase interest in the company substantially.

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

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Join GATA at these conferences:

The Silver Summit
Thursday-Friday, September 20-21, 2007
Coeur d'Alene, Idaho
http://thesilversummit.com [3]

New Orleans Investment Conference
Sunday-Thursday, October 21-25, 2007
New Orleans, Louisiana
http://www.neworleansconference.com [4]

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