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Central banks destroy capital but Fed won't raise rates, Turk tells KWN
3:50p CT Monday, October 26, 2015
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk tells King World News today why he doesn't think the Federal Reserve can raise interest rates even though central bank policy around the world is destroying capital and creating crazy outcomes, like two-year Italian bonds carrying negative rates. An excerpt from the interview is posted at the KWN blog here:
http://kingworldnews.com/we-are-witnessing-unprecedented-madness-as-u-s-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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