Dear Friend of GATA and Gold:
A little surprisingly for Bloomberg News, John Authers notes today that the gold price shows that stock market gains since 1971 are an inflationary illusion. His analysis is headlined “Gold Still Shines 50 Years After Nixon. Will Netflix?” and it’s posted here:
Also a little surprisingly, the news service acknowledges today that the Federal Reserve has commandeered markets comprehensively and that fund managers now want mainly to buy what the Fed itself is buying. This report is headlined “BlackRock Leads Investors Worldwide With ‘Follow the Fed’ Mantra”:
Meanwhile GATA continues to be disparaged as “conspiracy theorists” for documenting how the gold market long has been manipulated by government as well. If government isn’t manipulating the gold market today, it’s the only market not being so manipulated.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Toast to a free gold market
with great GATA-label wine
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