Chris Powell

Articles by Chris Powell

Dear Friend of GATA and Gold: Our friend P.C. writes: "As a long-time GATA follower, I fully subscribe to the understanding that markets generally, and particularly the precious metal markets, are controlled to keep international exchange...
Cast your bread upon the waters, the Bible says somewhere, and pray that something comes back besides overweight seagulls. GATA does a lot of casting, usually without result, but you never know when and where someone will pick up on it,...
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,...

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The Federal Reserve Bank of New York holds the world's largest accumulation of monetary gold.