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overtheedge
Member since May 2012
680 commentaries - 6 followers

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What kind of financial journalism doesn't care and doesn't ask questions?

- Chris Powell - GATA

"GATA consists largely of adherents of free markets and limited and transparent government who concentrate on the manipulation of the gold market because it is the essential mechanism of market rigging generally and the accumulation of absolute power in government."

Free markets never existed and never will. Whether it be November 2014 or November 1414, the local PTB always had their fingers in the market.
Governments are NOT transparent and once again never were.
Gold is NOT a current medium of exchange and though I don't doubt government wants gold prices to remain low, it is not key to the accumulation of further government power.

Obviously GATA must be getting real desperate to maintain its questionable status as the Light-Bringer to secret gold market manipulations to bring up this:
"And yet Gartman boldly proclaims his indifference, echoing what Lincoln perceived as the attitude of Northern apologists for Southern slavery: "A policy of 'don't care' on a question about which all true men do care.""
In November of 2014, GATA uses the Lincoln-slavery issue to further its credibility?

GATA had better learn something right quick, I use to think GATA had credibility and was fighting a worthy cause. GATA convinced me otherwise. This article is one example of why.
GATA reminds me of the "March of Dimes". Created to fight polio, it morphed into a money machine supported by donations to a cause that no longer imperils America.
The general feeling towards GATA reminds me of the same towards the Farm Bureau. The Farm Bureau is just an insurance company that wraps itself in the aura of defending and supporting the American Agriculturist. I don't trust the Farm Bureau and I don't trust GATA.

All GATA has is opinion. All Gartman has is opinion. And that is all I have as well. BUT, I'm in total command of my pocketbook and I vote with my money.

In order to take down Dennis Gartman, GATA uses the Lincoln-slavery issue.
Where GATA really loses it is in the false belief that Lincoln cared about slaves.
All the evidence points to Lincoln not caring much at all.
Word has it that Seward wrote the Emancipation Proclamation.
So here is where GATA really loses it. GATA uses myths to tear down another author that GATA doesn't agree with.

Escalating gold prices will signify TEOTWAWKI.
Do the math yourself.
GATA either can't or won't.
Ask yourself this, "Will GATA quietly go into the night once the curtain is pulled back and fully exposes the Wizards of Oz?"
I'll opine that "not as long as a revenue stream exists".

Commented 3607 days ago

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Beginning of the headline :With his sneering at GATA today, commodity letter writer Dennis Gartman (https://www.thegartmanletter.com/) inadvertently signifies what's wrong about Western financial journalism -- its fear of committing journalism. Gartman writes: "The 'gold bugs' shall apparently never give up. They are as convinced now that the gold market is rigged as they were in years past. They are confident that they are right in their belief that the central banks are selling gold at every opportunity and that if only... Read More

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