GATA Meets CNBC: Host Calls Gold Market a “Matrix”

First off, fantastic job by Chris Powell in this interview.  The host cracked me up when he describes the gold market as “almost like the matrix.”  My favorite line from Chris is when he says “the banks are bigger than the government.”  Those two lines sum up a lot of what’s wrong with the world … Read more

Computers on Wall Street are Buying and Selling to Themselves!

As if we needed another story to further solidify the running joke that has become the U.S. stock market.  In this article from Bloomberg we find out that: High-frequency trading firms are drawing scrutiny from U.S. regulators seeking evidence that they may be distorting market prices by conducting transactions with themselves, said two people with … Read more