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What would stop central banks from buying the other half of the market?

Section: Daily Dispatches

1:42p ET Thursday, June 19, 2014

Dear Friend of GATA and Gold:

Fund manager and market analyst Victor Sperandeo tells King World News today that oil production in the Middle East easily can be disrupted by terrorists, causing a catastrophic oil price spike and a crash of equity prices. Sperandeo argues that market interventions and manipulations by central banks and their having purchased nearly half the equity markets make those markets especially vulnerable to a crash.

Maybe, but if central banks have bought nearly half the equity markets, why couldn't they buy the other half? Who or what would stop them? Mainstream financial news organizations and disinformation specialists like CPM Group's Jeff Christian and the World Gold Council's Pierre Lassonde will be denying it even as it's happening, maybe even as central banks issue press releases about their interventions in pursuit of "stability" and "limiting volatility."

Sperandeo's interview is excerpted at the KWN Internet site here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/19_Le...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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