You are here
News media won't report market rigging by government even when it's admitted
10:58a ET Thursday, June 29, 2016
Dear Friend of GATA and Gold:
New York Post business writer John Crudele's column today, dispatched to you a couple of hours ago --
http://www.gata.org/node/16555
-- is actually about two scandals, not just the scandal of surreptitious market rigging by governments and central banks.
The second scandal -- maybe the bigger one, since government power is always to be suspected -- is the corruption of mainstream financial news organizations, which run away from reporting market rigging by government even when it is brazenly out in the open. The corrupt news organization identified in this case is Bloomberg News, but since all other major mainstream financial news organizations are almost certainly aware of the information being suppressed by Bloomberg, they are complicit with it.
Crudele wrote:
"These are brief statements credited to German Finance Minister Wolfgang Schaeuble on Wednesday morning by Bloomberg: 'Schaeuble: EU Ministers, G-7 Agreed to Avoid Market Chaos.' 'Schaeuble: Measures to Avoid Market Chaos Have Been Successful.'"
"As far as I could tell, Bloomberg never carried a full story."
In searches of the Bloomberg News Internet site and a general Internet search your secretary/treasurer couldn't find any such Bloomberg story either. Apparently Bloomberg editors spiked the story as soon as the official admission of market rigging emerged.
Crudele continued:
"In case you think those short statements are too vague, consider what Schaeuble had to say before the Brexit vote. According to an earlier Bloomberg story: 'Schaeuble said EU policymakers have safeguards in place to avoid 'chaotic developments' should Britons vote to leave the bloc.'
"Schaeuble added that, should Britain pull out of the EU, 'it's also clear that then you have to do everything possible to avoid chaotic developments. We are well-prepared for that.'
"There you have it. Anyone who still thinks the market righted itself should have his or her head examined."
If you're not completely demoralized, as most people these days are, try using the Bloomberg Internet site's feedback page to ask what happened to the market-rigging story:
http://www.bloomberg.com/feedback/
Of course inquiries to other mainstream financial news organizations would be in order as well. If you get any response, please let me know.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Silver Coins and Rounds with Employee Pricing and Free Shipping
Grab your Silver Starter Kit at cost from Money Metals Exchange, the company named "Precious Metals Dealer of the Year" by industry ratings group Bullion Directory.
Simply go to MoneyMetals.com and type "GATA" in the radio box at the top of the page.
This special silver offer contains 4 ounces of silver coins and rounds in the most popular 1-ounce, half-ounce, and 10th-ounce forms. Claim yours now, because GATA readers get employee pricing and free shipping.
So go to --
-- and type "GATA" in the radio box at the top of the page.
Join GATA here:
New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana
http://neworleansconference.com/
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell
Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
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:
