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Secret Futures Trading By Central Banks – GATA’s Chris Powell
Dear Friend of GATA and Gold:
Your secretary/treasurer, interviewed by Nick Hodge of the Outsider Club at the New Orleans Investment Conference in October, discussed U.S. government records showing that central banks are secretly trading all major futures markets in the United States:
http://www.gata.org/node/14385
http://www.gata.org/node/14411
http://www.gata.org/node/14421
Since central banks are able to create infinite money, your secretary/treasurer argues, no ordinary investor can trade against them and there are really no markets anymore, just interventions. The interview is not quite 8 minutes long and video of it is posted at the Outsider Club’s Internet site here:
http://www.outsiderclub.com/videos/gold-manipulation-nick-hodge-intervie…
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About Chris Powell:
Mr. Powell has been managing editor of the Journal Inquirer, a daily newspaper in Manchester, Connecticut, since 1974. He serves as the secretary/treasurer and a director of the Gold Anti-Trust Action Committee (GATA). Mr. Powell publishes GATA “dispatches” on stories relevant to the precious metals community: click here to access them and the GATA website. For additional information about precious metals, financial markets and the economy a 2 week free trial to GATA chairman Bill Murphy’s subscription service is available by clicking here. This article is reprinted on The News Doctors with permission.
Source: http://thenewsdoctors.com/secret-futures-trading-by-central-banks-gatas-chris-powell/
