Look who's watching GATA

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Published : September 07th, 2011
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Just when you start thinking that everything is futile, that everyone connected with the markets is bought off or stupid, and that "Say Not the Struggle Naught Availeth" is getting old, we find out that we're being watched -- and not just by the usual peeping Toms and repo men but by some pretty important and even sinister people.

It was that way in 2004 when out of the blue the deputy chairman of the Bank of Russia, Oleg Mozhaiskov, mentioned GATA at a meeting of the London Bullion Market Association in Moscow, thereby letting the bullion bankers know that Russia was on to their rigging of the gold market:


It was that way this month when publication of the cables from the U.S. embassy in Beijing disclosed that the Chinese government's view of the gold market matches GATA's:



And then today our friend B.S. spotted an obscure reference to GATA at the Internet site of New York Times columnist Paul Krugman, who had just attempted some technical analysis of the gold market. Krugman concluded:

"Larry Summers directs me to a 1988 paper he wrote with Robert Barsky with a similar theme, although applied to the gold standard era rather than recent events."

An Internet link was embedded in that final sentence --


-- and it took the reader to GATA's Internet site, where the academic paper in question has been posted for a long time.

Of course Summers is the former Harvard economics professor and U.S. treasury secretary who, with Robert Rubin, whom he served as deputy treasury secretary, developed the U.S. government's end of the modern surreptitious gold price suppression scheme, which was based in part on the research of the academic paper Krugman cited, a paper rediscovered and first made relevant in 2001 by GATA compatriot Reginald H. Howe, the original gold price suppression litigator:


Of course Krugman knows nothing about what's really happening with gold and surely doesn't want to know about it -- how could he, working for The New York Times and having won a Nobel Prize? But Summers is a mastermind of the price suppression scheme and market manipulation, and Krugman now has shown Summers to have been trolling around at GATA's Internet site.

We'd like his autograph. We already have his fingerprints.

Krugman's blog with the link to GATA can be found here:


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



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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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Chris keep up the good work. Your worth is now being acknowledged and ratified.
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Chris keep up the good work. Your worth is now being acknowledged and ratified. Read more
Papli - 9/8/2011 at 1:00 AM GMT
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