You are here
In interview with Phil Kennedy, GATA chairman asks: How far will rigging probe go?
9:25a ET Tuesday, September 17, 2019
Dear Friend of GATA and Gold:
Interviewed last night by Phil Kennedy of Kennedy Financial, GATA Chairman Bill Murphy marveled at the publicity suddenly being given to gold and silver market rigging, on account of the latest indictments of traders for JPMorganChase. But Murphy added that the "spoofing" attributed to the JPM traders is the smaller part of the manipulation of the markets, the bigger part being surreptitious intervention by governments and central banks.
... Dispatch continues below ...
USAGold: Coins and bullion since 1973
USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.
Please call 1-800-869-5115x100 and ask for the trading desk, or visit:
USAGold: Great prices, quick delivery -- all the time.
Kennedy and Murphy discussed how far the Justice Department's investigation will go -- to JPM's former commodity desk chief, Blythe Masters? To the bank's chief executive, Jamie Dimon? To the Federal Reserve, Treasury Department, and Bank for International Settlements? There is plenty of evidence that all of them were involved with metals market manipulation.
Kennedy and Murphy also discussed the possibility of more fraud lawsuits against JPMorganChase.
The interview is 26 minutes long and can be viewed at YouTube here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Friday-Monday, November 1-4, 2019
* * *
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: