Chris Powell

Articles by Chris Powell

The Bank for International Settlements today refused to answer questions from the Gold Anti-Trust Anti-Trust Action Committee about the bank's activity in the gold market.
Dear Friend of GATA and Gold: There's a little progress this week in the field of gold market analysis, for in his latest commentary, headlined: "Motive, Means, and Opportunity, But No Crime" --
Dear Friend of GATA and Gold: In his essay this week, "The Case Against Gold as a Central Bank Asset" -- The economic historian and libertarian financial writer Gary North argues that central banks should get rid of their gold reserves.
Gold swaps by the Bank for International Settlements, Dave Kranzler of Investment Dynamics writes today, correlate inversely with the gold price. That is, the more gold is swapped by the BIS, the more metal is made available to bullion...
Fund manager, author, and geopolitical strategist Jim Rickards, writing for the Daily Reckoning, noted again yesterday that central banks can always create inflation by devaluing their currencies against gold.
Dear Friend of GATA and Gold: Recent reports from the U.S. Commodity Futures Trading Commission and the CME Group, operator of the New York Commodity Exchange, indicate that JPMorganChase & Co. is administering the Federal Reserve's...
In 1998, as he began www.LeMetropoleCafe.com , his Internet site of financial commentary, Bill Murphy noticed that the gold market wasn't trading as normal markets do. Eventually he sensed collusion among market participants to suppress...
Minutes of the Federal Reserve's Open Market Committee meeting of January 31, 1995, reveal that the U.S. Treasury Department's Exchange Stabilization Fund has been, as GATA long has alleged and as the Treasury Department has denied,...
Dear Chairman Greenspan and Secretary Summers: On July 24, 1998, before the House Banking Committee, and six days later before the Senate Agricultural Committee, Chairman Greenspan made the following statement: "Central banks stand ready...
The Incas thought gold represented the glory of their sun god and referred to the precious metal as “Tears of the Sun.”