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GATA secretary explains cowardice of gold mining industry, financial news media
12:50p ET Friday, February 16, 2018
Dear Friend of GATA and Gold:
Interviewed this week by Mike Gleason of Money Metals Exchange, your secretary/treasurer explained why most monetary metals mining companies are too scared to protest government's suppression of the price of their products. That is, the industry is too vulnerable to government regulation and utterly dependent for financing by the major investment banks that are formally government agents.
Mainstream financial news organizations, your secretary/treasurer adds, won't report the market rigging because governments consider it a national security issue.
But, he continues, the documentation of this market rigging is all over the place, including the internet site of the Bank for International Settlements, the broker for central bank intervention in the gold market.
The interview is 20 minutes long and can be heard and read at the Money Metals Exchange internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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