Gold Anti-Trust Action Committee - Exposing the long-term manipulation of the gold market

Markets now just a function of the dollar, Art Cashin tells King World News
Saturday, October 16, 2010 7:50 PM

8:52p ET Saturday, October 16, 2010

Dear Friend of GATA and Gold:

Zero Hedge's Tyler Durden again today takes an interview at King World News -- this time with CNBC commentator and UBS executive Art Cashin -- as the text for his own market commentary. Zero Hedge puts it this way: "Through its endless meddling, intervention, and manipulation over the past two years, the Fed has essentially broken the market."

That sounds pretty close to what participants at GATA's Washington conference 2 1/2 years ago heard: "There are no markets anymore, just interventions":

http://www.gata.org/node/6242

The Zero Hedge introduction to the King World News interview with Cashin can be found here:

http://www.zerohedge.com/article/art-cashin-explains-why-stock-market-br...

You can listen to the interview itself here:

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/10/16_...

CHRIS POWELL, Secretary/Treasurer

Gold Anti-Trust Action Committee Inc.