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Chris Powell (GATA): Central Banks Are Active In Many Markets, Especially Gold &

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Jason Burack of Wall St for Main St interviewed returning guest, Secretary, Treasurer and Director of the Gold Anti Trust Action Committee (GATA) https://www.gata.org/, Chris Powell

Chris has also worked as a professional journalist and a director of a local newspaper for decades as his day job and doing work at the not for profit, GATA for over 2 decades.

Powell was managing editor of the Journal Inquirer, a daily newspaper in Manchester, Connecticut, from 1974 to 2018, when he retired from his management work while remaining the newspaper's political columnist. He began working at the paper when he left high school in 1967. His a column is published by many other Connecticut newspapers. He often appears on radio and television public-affairs programs in Connecticut.

From 2004 through 2009 he was legislative chairman of the Connecticut Council on Freedom of Information and remains a member of its Board of Directors. In 2006 he was inducted into the Academy of New England Journalists by the New England chapter of the Society of Professional Journalists and the New England Society of Newspaper Editors.

He is a member of the Connecticut, Manchester, and Vernon (Connecticut) historical societies and the International Churchill Society.

During this 58 minute interview, Jason asks Chris Powell about how governments and central banks have become increasingly more active in "markets" since the 2008 financial crisis including how central banks get a volume trading discount from the CME Group.

Chris talks about the evidence at the Bank of International Settlements (BIS) of central banks and bullion banks using gold leases, gold swaps and other OTC derivatives to control paper gold prices.

GATA has also sued the Federal Reserve Bank multiple times over the last 2 plus decades so Jason asks Chris if GATA learned anything interesting from the lawsuits.

Peter Warburton: The debasement of world currency: It's inflation but not as we know it (2001 article) https://gata.org/node/8303

[youtube]https://www.youtube.com/watch?v=jF_dfi6YvpA&ab_channel=WallStForMainSt[/youtube]
 
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