You are here
'Counterparty risk management' means stamping out free markets
9:50p ET Friday, September 8, 2006
Dear Friend of GATA and Gold:
GoldSeek has posted tonight's "Midas" commentary by GATA Chairman Bill Murphy at his proprietary Internet site, LeMetropoleCafe.com. Tonight's "Midas" is headlined "Moral Hazard" and it has some fascinating comments from an anonymous observer to the effect that the primary purpose of the Counterparty Risk Management Group, the fraternity of big New York banks and investment houses, is to rig markets -- or, rather, to stamp out free markets or prevent free markets from developing -- and quite with the approval of the U.S. government. Of course this is exactly what GATA has been saying for years, if not necessarily as well.
You can find the "Midas" commentary here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
2006 Toronto Resource Investment Conference
Sunday-Monday, September 24-25, 2006
* * *
New Orleans Investment Conference
Wednesday-Sunday, November 15-19, 2006
When you register for this conference online, PLEASE help GATA by designating us as the organization through which you heard about the conference. There's a window at the bottom of the Internet registration form for designating us as your recommender, and the conference will pay GATA a commission for each GATA supporter who attends.
* * *
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 www.GATA.org. GATA is grateful for financial contributions, which are federally tax-deductible in the United States.