You are here
Zero Hedge: Pushing gold to zero is the core mandate of central bankers everywhere
3p ICT Wednesday, April 2, 2014
Dear Friend of GATA and Gold:
Zero Hedge nails it again today in commentary headlined "12 Largest Banks Sued by Public Retirement Funds for 'Conspiring to Rig Global FX Markets'":
"Of course, the rigging of FX markets, disclosed hot on the heels that Libor too was massively manipulated (to the delight of 'conspiracy theorists' everywhere) is by now well known. But the punch line is not that FX is rigged and as a result virtually all carbon-based traders are now gone, leaving the FX market at the mercy of Virtu and GETCO algos (those USD/JPY momentum ignitions at specific, recurring times of the day are just that), but that as Goldman has shown by relocating [Guy] Saidenberg, the commodity market is the only one where manipulation, rigging, and fraud are not only possible but smiled upon by regulators -- because one of the key commodities in said market is gold.
"And as everyone knows, alongside getting the Russell 2,000 to all-time highs, the other core mandate of central bankers everywhere is to push gold to zero.
"The worst news: We are rapidly running out of 'conspiracy theories' that haven't become conspiracy facts yet."
Zero Hedge's commentary is here:
http://www.zerohedge.com/news/2014-04-01/12-largest-banks-sued-public-re...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Silver mining stock report for 2014 comes with 1-ounce silver round
Future Money Trends is offering a special 18-page silver mining stock report about how to profit with the monetary and industrial metal in 2014, and it comes with a free 1-ounce silver round. Proceeds from the report's sales are shared with the Gold Anti-Trust Action Committee to support its efforts to expose manipulation in the monetary metals markets. To learn about this report, please visit:
Join GATA here:
Porter Stansberry Natural Resources Conference
AT&T Performing Arts Center
Margot and Bill Winspear Opera House
2403 Flora St., Dallas, Texas
Saturday, May 31, 2014
Canadian Investor Conference 2014
Vancouver Convention Centre West
1055 Canada Place, Vancouver, British Columbia
Sunday and Monday, June 1 and 2, 2014
http://cambridgehouse.com/event/25/canadian-investor-conference-2014-inc...
* * *
Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
Buy metals at GoldMoney and enjoy international storage
GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:
http://www.goldmoney.com/?gmrefcode=gata
