Gold (GOLDC : NYMEX : US$1,226.90), Net Change: 11.90, % Change: 0.98%
In some alternate reality, Goldfinger’s plans did succeed. Credit Suisse sees an 80% chance that the macro environment will
be supportive for gold. They cite five possible macro scenarios, three in which gold is likely to do well: i) a renewal of
quantitative easing, either as a response to a sovereign credit crisis or a double dip (35% chance); ii) an economic recovery
during which central banks keep policy abnormally loose (40%); and iii) a major sovereign default, outside of Greece (5%). The
scenarios which would be bad for gold have, Credit Suisse believes, a lower aggregate probability: i) a normal recovery with the
normal amount of monetary tightening (15% chance); and ii) renewed deflation with no renewal of quantitative easing (5%). If
there was a double dip, they feel that quantitative easing would be renewed more quickly than fiscal policy would be eased.
After all, the U.S. and U.K. have done quantitative easing, the ECB is halfway there, and the Bank of Japan thinks of itself as
doing quantitative easing at the moment. Separately, the International Monetary Fund (IMF) has sold about 14.4 metric tonnes
of gold in April, according to the fund's monthly report on gold holdings. The sales are part of the IMF's plan to offload 403.3
metric tonnes of gold. About 212.0 metric tonnes were sold off-market to central banks of India, Mauritius and Sri Lanka in
November 2009, and the IMF said in February it would begin phased sales to the market of the remaining 191.3 metric tonnes.

East Asia Minerals* (EAS : TSX-V : $7.09), Net Change: -0.51, % Change: -6.71%, Volume: 302,066
Let's get to work. East Asia has received formal documentation from the Indonesia Government confirming the completed
conversion of its Tangse tenement to an Exploration Mining Business License (IUP). While not stated by the company, we note
that typically under the new IUP, East Asia should now have five years within which to complete exploration and deliver a
positive feasibility study. This is followed by automatic conversion of the licenses to development licenses for an initial 20-year
term, renewable for a further 20 years. Some historic work at Tangse has identified supergene enriched Cu mineralization and a
large Cu-Mo zone, confirmed by sparse drilling. The exploration potential at the Tangse area is open. This area is also
considered to have above average logistics, as it is located only 100 km to the southeast of the Provincial capital of Banda Aceh
and adjacent to a main regional highway and the power grid. Michael Hawkins, President and CEO, commented, "The Tangse
IUP is the final tenement in East Asia Mineral's impressive Aceh portfolio to be converted to the New Mining Law IUP
system.” He further noted, "We see exceptional potential to add further value to the company as we commence drilling our
several porphyry assets, and advance exploration at Tangse and Takengon."