Wall St. For Main St., Released on 6/28/23
During this 40+ 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.
Chris Powell is Secretary and Treasurer of GATA, the Gold Anti-Trust Action Committee. Chris has also worked as a professional journalist and a director of a local newspaper for decades as his day job.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street.