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Central planners may be losing control, Turk tells King World News

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Published : February 19th, 2013
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Category : Opinions and Analysis

Central bank intervention against gold has become so extreme and obvious, GoldMoney founder and GATA consultant James Turk tells King World News today, that "we may be reaching the tipping point when the central planners completely lose control."

"They attack the one market over which they have the most influence," Turk says, "and that is also the one market that will send signals to the world most friendly to the central planners' cause -- they trash gold. And they do it by selling paper derivatives."

An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2013/2/19_Tu...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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