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Central banks are manipulating 'all' markets, Bill Gross tells CNBC
3p ET Wednesday, July 29, 2015
Dear Friend of GATA and Gold:
Zero Hedge this afternoon calls attention to comments made on CNBC today by former PIMCO bond buyer Bill Gross, now working for Janus Capital, who says all markets now are artificial, the products of central bank manipulation, and that real market prices cannot be discovered. By "all" markets, one might assume Gross meant to include the market that in mainstream financial journalism must never be associated with manipulation, the gold market. But somehow Gross wasn't wearing a tin-foil hat. Zero Hedge's posting, which includes the CNBC video excerpt, is here:
http://www.zerohedge.com/news/2015-07-29/bill-gross-explains-90-seconds-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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