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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (101009)5/9/2001 4:21:49 PM
From: yard_man  Read Replies (1) of 436258
 
GATA mentioned in CBS article -- probably not good, eh?

>>In related metals news, the Gold Anti-Trust Action Committee (GATA), based in Texas, is expected to attend a conference in South Africa Thursday to air its belief that the U.S. and German governments as well as bullion banks, have been suppressing gold's price. See related story.

GATA has been alleging Fed manipulation in the gold market for years, David Meger, a senior gold analyst at Alaron.com in Chicago said. "It is hard to prove the Fed ... is working in conjunction with large trade houses to manipulate gold prices," he said, noting that he can't fault someone for "attempting to find out for sure that nothing 'fishy' is going on."

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