Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (26103)	2/19/2017 7:16:24 AM
From: Goose94	Read Replies (1) \| Respond to of 205587

Gold: World Gold Council fails to ask Greenspan about central bank intervention against gold. With the February edition of its newsletter, Gold Investor, the World Gold Council inadvertently proclaims its uselessness by interviewing former Federal Reserve Chairman Alan Greenspan about gold without ever asking him about the largely surreptitious involvement of central banks in the gold market and the objectives of that involvement. This is an especially spectacular failure in light of Greenspan's admission of that involvement in his testimony to Congress in July 1998, wherein he acknowledged that central banks are prepared to lease gold in "increasing quantities" to suppress its price: federalreserve.gov Of course the World Gold Council isn't alone in avoiding these crucial questions. These questions are prohibited throughout the mainstream financial news media. Indeed, it has begun to seem that Greenspan conditions interviews on pledges not to ask him about the surreptitious intervention of central banks in the gold market, though such interventions have been extensively documented by GATA for many years, as here: gata.org But mainstream financial news organizations don't purport to be representing gold producers and investors as the World Gold Council does. Once again the World Gold Council has indicated that it exists primarily to ensure that there never is a world gold council. The World Gold Council's February newsletter is posted in PDF format here -- http://www.gold.org/download/file/5497/Gold_Investor_February_2017.pdf CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. CPowell@GATA.org