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Constant intervention hints at likelihood of U.S. economic collapse, Sperandeo says
9p ET Thursday, May 29, 2014
Dear Friend of GATA and Gold:
Constant intervention in U.S. markets by the Federal Reserve indicates that the country's economy is in serious danger of collapse, Victor "Trader Vic" Sperandeo tells King World News tonight. Sperandeo, president and CEO of Alpha Financial Technologies in Southlake, Texas, says, "Every time there is negative news, the Fed comes in, via the banks, and manipulates the stock market higher to keep the appearance of strength.... The U.S. economy must be in grave danger of collapsing. This is why the Fed does not dare allow the stock market to sell off."
Sperandeo's interview is excerpted at the KWN blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/29_Le...
Meanwhile mining entrepreneur Keith Barron tells KWN that economic desperation is worsening in Europe and that gold exports are declining because much gold already has been sold to keep its owners afloat:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/29_Th...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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