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Gold fund manager expects Comex to default

Section: Daily Dispatches

12:12p ET Monday, February 9, 2009

Dear Friend of GATA and Gold:

Interviewed by CommodityOnline, gold fund manager Marc Gugerli remarks that the New York Commodities Exchange's paper gold market is dominated by a few traders connected to the U.S. government and that he expects that market to default soon. The interview is headlined "Paper Gold Market Will Crash at Comex" and you can find it here:

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

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