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Just 30 years ago rigging gold price was acknowledged policy

Section: Daily Dispatches

8:35p ET Sunday, June 28, 2009

Dear Friend of GATA and Gold:

Writing this week for the Daily Reckoning, Eric Janszen, founder of the Internet site of market commentary, notes that just 30 years ago rigging the gold price was openly part of U.S. government policy, and it was advocated within the government by someone who is again part of the government: Paul Volcker. So it is ever more a mystery why certain contemporary market analysts should become so dismissive, disparaging, and even indignant amid suggestions that gold price rigging might be at least surreptitious policy today. Janszen's commentary is headlined "Defusing the Dollar Bomb" and you can find it at the Daily Reckoning site here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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