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Dan Norcini: Fed-caused volatility has destroyed U.S. markets
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:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Jim Sinclair to hold gold seminar in London on June 1
Mining entrepreneur and gold advocate Jim Sinclair will continue his international seminars about the gold market with a four-hour session in London on Saturday afternoon, June 1. The seminar will be held at the Hilton hotel at Heathrow Airport. Admission will be $50. Attendees must register in advance. Complete information is posted at Sinclair's Internet site, JSMineSet, here:
Join GATA here:
World Resource Investment Conference
Sunday-Monday, May 26-27, 2013
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
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