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What would stop central banks from buying the other half of the market?
1:42p ET Thursday, June 19, 2014
Dear Friend of GATA and Gold:
Fund manager and market analyst Victor Sperandeo tells King World News today that oil production in the Middle East easily can be disrupted by terrorists, causing a catastrophic oil price spike and a crash of equity prices. Sperandeo argues that market interventions and manipulations by central banks and their having purchased nearly half the equity markets make those markets especially vulnerable to a crash.
Maybe, but if central banks have bought nearly half the equity markets, why couldn't they buy the other half? Who or what would stop them? Mainstream financial news organizations and disinformation specialists like CPM Group's Jeff Christian and the World Gold Council's Pierre Lassonde will be denying it even as it's happening, maybe even as central banks issue press releases about their interventions in pursuit of "stability" and "limiting volatility."
Sperandeo's interview is excerpted at the KWN Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Jim Sinclair plans gold investing seminar in Denver on June 21
Gold advocate and mining entrepreneur Jim Sinclair will hold his next gold investing seminar from 2 to 6 p.m. on Saturday, June 21, at the Holiday Inn & Suites at Denver Airport, 6900 Tower Road, Denver, Colorado 80249. Admission will be $100. For more information, please visit:
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Casey Research 2014 Summit
Hill Country Resort and Spa
San Antonio, Texas
Friday-Sunday, September 19-21, 2014
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Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
Wednesday-Saturday, October 22-25, 2014
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