Former BIS official criticizes central bank 'guidance' on interest rates


9:27p ET Wednesday, April 1, 2015

Dear Friend of GATA and Gold:

In the second part of his interview with the Cobden Center's Sean Corrigan and Max Rangeley, former Bank for International Settlements official William R. White criticizes what has come to pass for transparency in Western central banking -- "guidance" about likely changes in interest rates, which, White says, promotes financial speculation. If only transparency in central banking constituted full disclosure of the interventions central banks already are undertaking in the markets. Part 2 of the interview is posted at Hinde Capital's Internet site here:

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


Silver mining stock report comes with 1-ounce silver round

Future Money Trends is offering a special 18-page silver mining stock report about how to profit with the monetary and industrial metal, and it comes with a free 1-ounce silver round. Proceeds from the report's sales are shared with the Gold Anti-Trust Action Committee to support its efforts to expose manipulation in the monetary metals markets. To learn about this report, please visit:

Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:

Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

Or by purchasing a colorful GATA T-shirt:

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

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:

To contribute to GATA, please visit: