Dan Norcini: Fed-caused volatility has destroyed U.S. markets

Section:

12:55a ET Thursday, May 23, 2013

Dear Friend of GATA and Gold:

Futures market analyst Dan Norcini, interviewed Wednesday by King World News, threw up his hands in exasperation at the Federal Reserve's jawboning the markets back and forth, resulting in tremendous volatility.

"This sort of perverse volatility is further evidence that the Fed has destroyed the integrity of the U.S. financial markets," Norcini said. "They are now a mere playground with no useful or legitimate commercial purpose."

Norcini's interview is excerpted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/23_In...

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



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