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Were Fed chairman's August calls just 'conspiracy theory'?
11:54a ET Monday, October 21, 2019
Dear Friend of GATA and Gold:
Federal Reserve Chairman Jerome Powell did a lot of private talking with investment bank executives and sovereign investment fund officials in August, including the chairman of the Swiss central bank, which is a major holder of U.S. stocks, Pam and Russ Martens of Wall Street on Parade report today, having reviewed the Fed chairman's calendar.
It's hard not to construe all this as involving surreptitious market intervention, but mainstream financial news organizations and market analysts may do their best to construe the Fed chairman's calendar as mere "conspiracy theory."
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Wall Street on Parade's report is headlined "Fed Chair Powell Met with a Sovereign Wealth Fund in August and Had a Call with a Central Bank Holding Tens of Billions in U.S. Stocks" and it's posted here:
https://wallstreetonparade.com/2019/10/fed-chair-powell-met-with-a-sover...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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