Stock market rises only when Fed is buying, Griffiths tells King World News

Section:

2:38p AEST Thursday, October 31, 2013

Dear Friend of GATA and Gold:

Cazenove Capital market analyst Robin Griffiths today tells King World News that since 2009 stock market gains in the United States have correlated exactly with the Federal Reserve's purchase of financial assets. "Astonishingly, more than 100 percent of the market's rise has taken place on days when the Fed is buying assets," Griffiths says. "On all other days the market has fallen." An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/30_O...

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



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