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Central bank interventions overwhelm markets, Pento tells KWN
8:25p ET Saturday, July 18, 2015
Dear Friend of GATA and Gold:
Writing for King World News today, fund manager Michael Pento says there is no free market left anywhere on the planet today, just central bank interventions, and so technical and fundamental analysis of markets has become bogus. Pento concludes: "The abrogation of markets leads to stagflation, economic collapse, and chaos. Economic freedom and prosperity are rapidly being replaced by the edicts of autocrats, which is eviscerating the middle class. Sadly, this is the fate of the entire developed world."
Pento's commentary is posted at the King World News Internet site here:
http://kingworldnews.com/governments-leading-world-to-economic-collapse-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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