A2A with Chris Powell of GATA


Chris Powell and Bill Murphy formed the Gold Anti-Trust Action Committee in 1998 and they've been stalwart allies in the fight against gold price suppression and manipulation ever since. What a pleasure it was today to get caught up with Chris and get his thoughts on the current state of the global market for gold.

As you listen, you'll quickly be reminded that Chris is still one of the most informed and well-spoken advocates for our cause. Over the course of this webinar, he addresses a number of current issues including:

  • the most important lesson he's learned in the 20 years he's followed the gold market
  • the strange occurrence of SecTreas Mnuchin visiting Ft Knox and the equally strange television interview of Terry Duffy, the CEO of the CME Group
  • whether the US government would financially benefit from revaluing the price of gold
  • how physical demand will paly a role in finally ending the tyranny of the central banks and bullion banks
  • and much, much more!

Please be sure to give this discussion a thorough listen as you are almost certainly going to learn a few things that you didn't previously know. And then, when you're finished, please click over to the GATA site and send them some financial support. Their efforts are tireless and we need to ensure that they remain on our side in this fight. https://www.gata.org/node/16



4 oz
Aug 31, 2017 - 3:17pm

Thank You!

Thank You!

Clarki Stomias
Aug 31, 2017 - 3:49pm
Aug 31, 2017 - 3:53pm

Let's try for

4th while sitting in the waiting room waiting for an eye shot. Keep Stacking

Nope 3rd

Aug 31, 2017 - 3:54pm

There will, of course, be a

There will, of course, be a post tomorrow morning and a podcast tomorrow afternoon.

In the meantime, here are levels you need to watch overnight and post-BLSBS:

Aug 31, 2017 - 4:03pm


Do you think that maybe commodities are beginning to get a flow of funds?

Aug 31, 2017 - 4:10pm

GT Gold

Thankyou Turd and Chris. I am a big fan of GATA.

Anybody riding GT Gold? It was a big winner today up 30% on blow out drill results.

Aug 31, 2017 - 4:12pm
Aug 31, 2017 - 4:15pm

Just need...

Just need 20 more days exactly like this and my stack is green for the first time since 2011.

Aug 31, 2017 - 4:19pm


I like it. 5 years in the shithouse and we certainly deserve to see some love...but I'm sure I'm not the only one that needs about 100 more days like this to make up for the past 5 years

Aug 31, 2017 - 4:38pm

Chuck Butler (without a censorship now)

A lot of the dollar’s move yesterday came courtesy of the revised 2nd QTR GDP report, to which, I say, lies, lies, and more lies! The Gov’t said that 2nd QTR GDP grew at a faster pace than expected, all the way to a 3% annualized rate… Now, if you could believe everything the Gov’t. tells you, that would be a good number.. .But where in the world did they get that number? Retail Sales for the quarter were dismal, Consumer spending was just as bad, and things like Factory Orders, Durable Goods Orders, etc. were all equally bad! I have friends that said that they were the slowest they had been in their jobs during the 2nd QTR, for years! But, here we have the Gov’t trying to convince us that GDP in the 2nd QTR grew to 3%, because Consumer spending grew at 3.3%! Wait! What? That’s right, that’s the garbage they are trying to jam down our throats, people! I just said that Consumer Spending in the quarter was not good, but according to the folks that put together the numbers for the GDP report, they saw Consumer Spending being strong! Hogwash I say, simply Hogwash!

Ronnie 666
Aug 31, 2017 - 4:49pm

Great interview

Great interview Chris Is such a genuine guy not selling us a story but laying out the facts and how he sees the gold world. Thank you.

Aug 31, 2017 - 5:54pm
Aug 31, 2017 - 6:03pm
Aug 31, 2017 - 6:19pm

Comey Exonerated Hillary Before Key Witness Interviews

New Evidence Reveals Comey Exonerated Hillary Before Key Witness Interviews

by Tyler Durden

Aug 31, 2017 5:16 PM

A new letter from Senators Chuck Grassley and Lindsey Graham reveal testimony from new witnesses suggesting that former FBI Director James Comey had already started drafting documentation exonerating Hillary Clinton long before interviewing key witnesses, including Hillary herself.

According to the letter, which is based on testimony from James Rybicki, Comey’s Chief of Staff, and Trisha Anderson, the Principal Deputy General Counsel of National Security and Cyberlaw, Comey began drafting a statement to announce the conclusion of the Hillary investigation in April or May 2016, well before he had interviewed up to 17 key witnesses.

Meanwhile, as if that weren't bad enough, the Comey statement was also drafted before immunity deals were struck with Cheryl Mills and Heather Samuelson who seemingly ran point, along with Platte River Networks, to destroy Hillary's emails after a Congressional subpoena had been issued mandating their preservation.

Here is a summary from the Grassley/Graham letter:

Transcripts reviewed by the Senate Judiciary Committee reveal that former FBI Director James Comey began drafting an exoneration statement in the Clinton email investigation before the FBI had interviewed key witnesses. Chairman Chuck Grassley and Senator Lindsey Graham, chairman of the Judiciary Subcommittee on Crime and Terrorism, requested all records relating to the drafting of the statement as the committee continues to review the circumstances surrounding Comey’s removal from the Bureau.

“Conclusion first, fact-gathering second—that’s no way to run an investigation. The FBI should be held to a higher standard than that, especially in a matter of such great public interest and controversy,” the senators wrote in a letter today to the FBI.

Last fall, following allegations from Democrats in Congress, the Office of Special Counsel (OSC) began investigating whether Comey’s actions in the Clinton email investigation violated the Hatch Act, which prohibits government employees from using their official position to influence an election. In the course of that investigation, OSC interviewed two FBI officials close to Comey: James Rybicki, Comey’s Chief of Staff, and Trisha Anderson, the Principal Deputy General Counsel of National Security and Cyberlaw. OSC provided transcripts of those interviews at Grassley’s request after it closed the investigation due to Comey’s termination.

Both transcripts are heavily redacted without explanation. However, they indicate that Comey began drafting a statement to announce the conclusion of the Clinton email investigation in April or May of 2016, before the FBI interviewed up to 17 key witnesses including former Secretary Clinton and several of her closest aides. The draft statement also came before the Department entered into immunity agreements with Cheryl Mills and Heather Samuelson where the Department agreed to a very limited review of Secretary Clinton’s emails and to destroy their laptops after review.

And here is a key excerpt from Ms. Anderson's testimony:

Q: So moving along to the first public statement on the case or Director Comey’s first statement the July 5, 2016 statement. When did you first learn that Director Comey was planning to make some kind of public statement about the outcome of the Clinton email investigation?

A: The idea, I’m not entirely sure exactly when the idea of the public statement um first emerged. Um it was, I just, I can’t put a precise timeframe on it um but [redaction]. And then I believe it was in early May of 2016 that the Director himself wrote a draft of that statement …

Q: So when you found out in early May that there was, that the Director had written a draft of what the statement might look like, how did you learn about that?

A: [Redacted] gave me a hard copy of it…

Q: So what happened next with respect to the draft?

A: I don’t know for sure um, I don’t know. There were many iterations, at some point there were many iterations of the draft that circulated…

Meanwhile, as a reminder of the timing, if Comey was already drafting a statement clearing Clinton of any wrongdoing in April then it came before any of the following interviews....keep in mind that many people on this list were also granted immunity deals...apparently after Comey had already made up his mind that nothing happened.

1. May 3, 2016 – Paul Combetta
2. May 12, 2016 – Sean Misko
3. May 17, 2016 – Unnamed CIA employee
4. May 19, 2016 – Unnamed CIA employee
5. May 24, 2016 – Heather Samuelson
6. May 26, 2016 - Marcel Lehel (aka Guccifer)
7. May 28, 2016 – Cheryl Mills
8. June 3, 2016 – Charlie Wisecarver
9. June 10, 2016 – John Bentel
10. June 15, 2016 – Lewis Lukens
11. June 21, 2016 – Justin Cooper
12. June 21, 2016 – Unnamed State Dept. Employee
13. June 21, 2016 – Bryan Pagliano
14. June 21, 2016 – Purcell Lee
15. June 23, 2016 – Monica Hanley
16. June 29, 2016 – Hannah Richert
17. July 2, 2016 – Hillary Clinton

And here's some more background from the letter:

Mr. Comey’s final statement acknowledged “there is evidence of potential violations of the statutes regarding the handling of classified information” but nonetheless cleared Secretary Clinton because he claimed there was no intent or obstruction of justice. Yet, evidence of destruction of emails known to be under subpoena by the House of Representatives, and subject to congressional preservation requests, was obtained in interviews around the time that Mr. Comey began drafting his exoneration statement.[8] Moreover, the Justice Department entered into highly unusual immunity agreements with Cheryl Mills and Heather Samuelson in June 2016—after Mr. Comey began drafting his exoneration statement—to review Clinton email archives on their laptops.[9]

The immunity agreements limited the FBI’s ability to review Clinton email archives from Platte River Networks that were created after June 1, 2014, and before February 1, 2015, and which had been sent or received from Secretary Clinton’s four email addresses during her tenure as Secretary of State.[10] These limitations prevented the FBI from reviewing records surrounding a March 2015 conference call that Paul Combetta, an employee of Platte River Networks, had with David Kendall and Ms. Mills, the attorneys for Secretary Clinton.[11] After having been initially untruthful and then receiving his own immunity agreement, Mr. Combetta admitted in his third FBI interview, in May 2016, that after a March 2015 conference call with Secretary Clinton’s attorneys, he used BleachBit to destroy any remaining copies of Clinton’s emails.[12]

The limitations in the immunity agreements with Ms. Mills and Ms. Samuelson also kept the FBI from looking at emails after Secretary Clinton left office—the period in which communications regarding destruction or concealment of federal records would have most likely taken place.[13] And finally, the agreements provided that the Department would destroy any records which it retrieved that were not turned over to the investigative team and would destroy the laptops.[14] Despite public claims by the FBI that the laptops were not in fact destroyed, the purpose of that promise to destroy them has not been explained.[15] However, Judiciary Committee staff reviewed the immunity agreements as part of their oversight work, so there is no question that the terms of the agreement called for the Department to destroy evidence that had not been fully and completely reviewed.[16]

But, we're sure this is just another attempt to "criminalize behavior that is normal."

Here is the full letter: https://www.zerohedge.com/news/2017-08-31/new-evidence-reveals-comey-dra...

Aug 31, 2017 - 6:39pm

Chris Powell

He sounded like a beaten dog. You can tell he is just a salt to the earth kind of person who is disgusted will the way the world works and has little hope that it will ever work fairly. I took your advice and sent him $20. I wish others will do the same and help out an honor person/cause.

Clarki Stomias
Aug 31, 2017 - 6:40pm

@ Canary - Junior Miners Running back to tall grass

Oh I definitely had that thought before posting the puppy gif. And I fully expect an elephant gun tomorrow. But I thought, "You know what, we've had nothing to celebrate for almost a year and even though the COT is bad, we need to take cheer in one good day."

Good day today. And on a month end, no less.

Aug 31, 2017 - 6:43pm

White House Coup??

Angry Chef posted this story from Cernovich on the previous thread. I don't know the veracity of it either, but others are running with it. Could be an interesting long weekend.



Aug 31, 2017 - 7:34pm

Of course

if a real coup was on it would be as silent as possible. Why rile up the Sheeple with the negation of their "sacred" Presidential vote? It isn't necessary when they know that most people today, well meaning Constitutionalists that they may be, don't have the balls to risk it all to do what is necessary. And the other 90% haven't a clue. The velvet chains have been draped around our necks long enough that few would give life and wealth for the continuation of Constitutional Government. That would only happen when there's nothing left to lose.

Keep stacking, help your neighbor, and muddle on until it collapses, if that is to be.

Aug 31, 2017 - 7:36pm

Copper Inventories Crash Most In History

"Buyers withdrew more copper from the London Metal Exchange’s global warehouse network on Wednesday than at any time since daily records began in 1996, extending a 19-day drop. "


AGXIIK SilverBelle
Aug 31, 2017 - 8:01pm

WH Coup?

I'll believe it when I read 3 ZH separate articles with 3 different authors on the same day. And it's confirmed on Fox News

Aug 31, 2017 - 8:07pm

@Clarki Stomias...We may go higher tomorrow

The only thing that limits my optimism is the COT situation....Also, whoever hit metals last night must feel disappointed now.

Aug 31, 2017 - 8:19pm


Whoever hit the metals last night stilll has a billion dollars, if they ever had anything more than a computer and an algo.

Aug 31, 2017 - 8:33pm

If it is a coup

If it is a coup I wonder if it is about the list of the sick pedos that is suppose to be soon released.

One of Dr Janda's guest from Sunday just heard about it, but did not want to say anymore other than it will be soon released.

That is the only way Trump comes out on top.

He would go down in history helping to eliminate human/child trafficking.

I think it must be a much larger problem than we know, as I know a small handful of women who had problems when they were young.

And to think the last she woman in the w house wanted to help the kids eat better.(somewhat noble but nothing compared to what should be done).

Aug 31, 2017 - 9:11pm
Aug 31, 2017 - 9:20pm

Optimism for Au & Ag

1. Mnuchin statement.


2. Hurricane Harvey and now possibly Irma (Lidia down south?) will raise some demand for commodities.

3. Nork issues.

4. Debt ceiling issue. Will they close .gov down or go to the printing press?

Aug 31, 2017 - 9:40pm
Aug 31, 2017 - 9:52pm
Aug 31, 2017 - 10:02pm


First priority is always the banks.

Aug 31, 2017 - 10:21pm


That's why Hank Paulson ought to be in jail...well that and whatever else he did daily.

Aug 31, 2017 - 10:21pm


I get the sentiment...

I bet Bear Sterns and Lehman Brothers were feeling pretty good too right up until the end.

Before that time I was a loan officer and was constantly shaking my head at the shady loans and prices. I thought any time now this is going to burst. That was for 3 or 4 years and then finally I began to think there was no stopping it and then it stopped.

"The Big Short" brings back memories....wish I was smart enough to do what they did but man they must of had some ulcers and little sleep.


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Key Economic Events Week of 4/15

4/16 9:15 ET Cap Util and Ind Prod
4/17 8:30 ET Trade Deficit (Feb)
4/17 10:00 ET Wholesale Inventories
4/18 8:30 ET Retail Sales (March)
4/18 8:30 ET Philly Fed
4/18 10:00 ET Business Inventories (Feb)
4/19 8:30 ET Housing Starts and Building Permits

Key Economic Events Week of 4/1

4/1 8:30 ET Retail Sales (Feb)
4/1 9:45 ET Markit & ISM Manu PMIs
4/1 10:00 ET Construction Spending (Feb)
4/1 10:00 ET Business Inventories (Jan)
4/2 8:30 ET Durable Goods (Feb)
4/3 9:45 ET Markit & ISM Services PMIs
4/5 8:30 ET BLSBS

Key Economic Events Week of 3/25

3/26 8:30 ET Housing Starts (Feb)
3/27 8:30 ET Trade Deficit (Jan)
3/28 8:30 ET Q4 GDP final guess
3/28 10:00 ET Pending Home Sales (Feb)
3/29 8:30 ET Personal Income (Feb)
3/29 8:30 ET Consumer Spending and Core Infl. (Jan)
3/29 9:45 ET Chicago PMI
3/29 10:00 ET New Home Sales (Feb)

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