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No major news organization wants the financial news story of the century

By: Chris Powell, Secretary/Treasurer, GATA

 -- Published: Wednesday, 24 May 2017 | Print  | Disqus 

Dear Friend of GATA and Gold:

The indispensable ZeroHedge today calls attention to CNBC's having just given extensive airtime to a prominent investor, Asher Edelman, as he asserted that the U.S. government is using the fabled "Plunge Protection Team" -- Edelman called it "Plunge Protection Group" -- to intervene surreptitiously in the stock market to prevent collapses and even merely disconcerting volatility:

http://www.zerohedge.com/news/2017-05-23/asher-edelman-says-i-have-no-do...

Yes, that market manipulation should be discussed at such length by a mainstream financial news organization is remarkable progress. But while at the conclusion of the interview with Asher a member of the CNBC panel wonders where records of the PPT's interventions might be found, there is no suggestion that financial journalists should investigate possible interventions.

Little GATA often has shown how easy it is to devise questions about intervention that central bank and government officials refuse to answer, lest their surreptitious activities be exposed and lose effect.

So imagine what a major news organization could accomplish here. It could break the financial news story of the century. But nobody seems to want it.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

* * *

Join GATA here:

International Metal Writers Conference
Sponsored by Cambridge House
Sunday-Monday, May 28-29, 2017
Vancouver Convention Centre, East Building
Canada Place
Vancouver, British Columbia, Canada
http://cambridgehouse.com/event/68/international-metal-writers-conferenc...

GATA Reception at the International Metal Writers Conference
5-8 p.m. Monday, May 29, 2017
Lions Pub
888 West Cordova St.
Vancouver, British Columbia, Canada

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

 


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 -- Published: Wednesday, 24 May 2017 | E-Mail  | Print  | Source: GoldSeek.com

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