An Infinite Money System Cannot Succeed Without Infinite Commodity Price Suppression

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by Chris Powell of the Gold Anti-Trust Action Committee (GATA)

Dear Friend of GATA and Gold:

Interviewed by Chris Marcus of Arcadia Economics as the New Orleans Investment Conference drew to a close, GATA Chairman Bill Murphy and your secretary/treasurer emphasized the refusal of the U.S. Treasury, Federal Reserve, and Commodity Futures Trading Commission to answer specific questions about the government’s surreptitious intervention in the markets.

Your secretary/treasurer argued that recent months resemble the last months of the London Gold Pool, what with central banks starting to take opposing positions on gold, some acquiring and some still intervening to suppress prices.A system of infinite money such as is operating now, your secretary/treasurer adds, cannot succeed without infinite commodity price suppression.

The interview is 19 minutes long and can be viewed at YouTube here:

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

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