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Slight 'taper' won't impress markets, Turk tells KWN

Section: Daily Dispatches

1:33p ET Monday, December 16, 2013

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk today predicts to King World News that the Federal Reserve this week will announce a trivial reduction in its bond buying as the markets realize that "quantitative easing" is helping only the government and big banks, not the U.S. economy. But, Turk says, the markets won't be convinced that the slight adjustment in policy will accomplish any improvement in the economy. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/12/16_I...

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



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