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Former PPT member gives credence to gold market manipulation
1:35p ET Friday, June 7, 2013
Dear Friend of GATA and Gold:
Philipa Malmgren, a former presidential assistant and former member of the President's Working Group on Financial Markets, better known as the Plunge Protection Team, acknowledges today in an interview with King World News that governments devaluing their currencies might have an interest in manipulating the gold market. Malmgren, now an adviser to large financial institutions, adds that many of her clients are wary about investing in gold because they believe it is subject to "heart-stopping" volatility from manipulation. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/7_For...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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