Published on Gold Anti-Trust Action Committee | Exposing the long-term manipulation of the gold market (https://gata.org)

Home > Ron Struthers: New commodities index is a lie

Ron Struthers: New commodities index is a lie

Submitted by cpowell on Mon, 2007-01-29 21:05 Section: Daily Dispatches

8:50p ET Monday, January 29, 2007

Dear Friend of GATA and Gold:

Ron Struthers, editor of Struthers' Resource Stock Report, reports that the new Reuters/CRB commodities price index, introduced in July 2005, shows a plunge in commodity prices even as a calculation of the index according to its former parameters shows a steady increase continuing. The new index, Struthers writes, "has only one purpose and that is to mislead the investment community. It is simply another tool in the Fed/government's chest for the management of economic data."

You can find Struthers' report and some great charts here:

http://www.playstocks.net/RSUV13_2.1Jan232007CRB.asp [1]

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

* * *

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 www.GATA.org [2]. GATA is grateful for financial contributions, which are federally tax-deductible in the United States.

»
Source URL: https://gata.org/node/4752

Links
[1] http://www.playstocks.net/RSUV13_2.1Jan232007CRB.asp
[2] http://www.GATA.org