‘No evidence’ of gold market manipulation, CPM Group’s Christian insists
‘No evidence’ of gold market manipulation, CPM Group’s Christian insists by Chris Powell – GATA
Dear Friend of GATA and Gold:
Interviewed today by Daniela Cambone of Kitco News, Jeff Christian, managing partner of metals consultancy CPM Group, declares that complaints of manipulation of the gold market are “just nonsense” for which there is “no evidence.”
Unfortunately Cambone failed to ask Christian to respond to even one of the many documents of gold market rigging by governments and central banks, like those GATA has compiled here —
— nor even about Deutsche Bank’s recent confession to manipulating both the gold and silver markets in collusion with other bullion banks:
Cambone seems to have failed even to get Christian to acknowledge that his company is a consultant for central banks, whose largely surreptitious intervention in the gold market is the main source of manipulation.
But this is, after all, Kitco, and to get that internet site just to notice the manipulation issue may be a triumph.
Cambone’s interview with Christian is six minutes long and can be viewed at Kitco here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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