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Roberts and Kranzler: Gold price suppression is insider trading
9:40p ET Monday, September 22, 2014
Dear Friend of GATA and Gold:
Former Assistant U.S. Treasury Secretary Paul Craig Roberts and market analyst Dave Kranzler write today that gold price suppression in the U.S. futures markets is likely illegal as insider trading because the bullion bank agents of the Federal Reserve, shorting gold, are also clearing members of the exchanges and have access to more trading position data than ordinary traders. The Fed's policy, Roberts and Kranzler write, is to save the big investment banks at the expense of the U.S. economy. Their commentary is headlined "Rigged Gold Price Distorts Perception of Economic Reality" and it's posted at Roberts' Internet site here:
http://www.paulcraigroberts.org/2014/09/22/rigged-gold-price-distorts-pe...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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