With so much chaos taking place around the world, today a man who has been focused on uncovering sensitive government and market information for over 15 years gave what is perhaps the most terrifying interview of 2015.  What he had to say will shock King World News readers around the globe.

King World News Powell IX 2:25:2015

Is This What The World Has Come To?

Eric King:  "Chris, today we are going to take a trip down the rabbit hole of Western governments moves toward a frightening control of everything on the planet, including all financial markets.  Let’s start with this note from the Bill King Report commenting on the Wall Street Journal article "U.S. Investigates at Least 10 Major Banks for Possible Rigging of Precious-Metals Markets"

Bill King Report:  "A similar investigation of the manipulation of the gold market by European banks was quietly squashed. It's reasonable to surmise that investigators quickly discovered that the biggest banks were often doing the bidding for central banks to keep excess liquidity flowing into financial assets instead of gold. Surging precious metal prices, like in 2011, could induce investors to eschew financial assets for metals. This is what occurred in the late 1970s, and it could usurp central banks' and sovereigns' plans to inflate away unserviceable debt."

King World News - Paul Craig Roberts - Governments And Media Lying To People As Elites Enslave Humanity

Trip Down The Rabbit Hole

Eric King:  “Let’s take that trip down the rabbit hole now, Chris.”

Chris Powell:  These investigations will never get anywhere and have never gotten anywhere because all these investigators are going to find out very quickly that the investment banks that are manipulating the monetary metals markets and other major markets are doing it as the agents of Western central banks.  They are the intermediaries for Western central banks….

Continue reading the Chris Powell interview below…


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King World News Powell VIII 2:25:2015

Market-Rigging And Manipulation Legal In The U.S.

This market-rigging is fully authorized by law here in the United States.  The Gold Reserve Act of 1934, as amended in the 1970s, specifically authorizes the U.S. Treasury Department — through the Exchange Stabilization Fund — to intervene secretly in and rig not only the gold market, which was the original authorization, but as amended in the 1970s the ESF is authorized to rig any market — any and all financial instruments.

King World News Powell I 2:26:2015

No Fingerprints

The government guys figured this out a long time ago.  They got themselves authorized by law to secretly intervene in any market and to rig any market.  That is why these investigations never get anywhere because the positions in the futures markets that are so manipulative are central bank positions being implemented through intermediaries to keep central bank fingerprints off the rigging.

King World News Powell V 2:25:2015

“This Is The Government’s Activity, Not Ours” 

The investment banks can just tell the investigators, 'This is not our own account.  This is a client's account and the client is the government and the government is fully authorized to rig all markets in secret.’

King World News - Tocqueville - Absolutely Stunning News In The War On Gold

Other Western Countries In On The Fix

Other nations have similar devices.  In the United Kingdom they have what is called The Exchange Equalization Account, which is a fund run by the Bank of England.  Also, a year ago the Director of Market Operations of the Banque de France, Alexandre Gautier, made a presentation to the London Bullion Market Association (LBMA) meeting in Rome and said that the Banque de France is trading gold for its own account and for the accounts of other central banks nearly on a daily basis.

King World News Powell X 2:25:2015

Western Governments Ruthlessly Controlling Everything In The World

Now, either they are trading gold on nearly a daily basis for fun, or they are doing it for policy purposes.  I don't think the policy purposes are terribly hard to imagine.  What it means is we do not have a market economy in the West anymore.  We have a fascist-style economy with governments secretly setting prices.  This is the mechanism by which central banks (in the West) are controlling the value of all capital, labor, goods and services in the world.

King World News Powell XII 2:25:2015

Special Government Discounts To Secretly Rig Markets

Some more documentation of this came out a few months ago when Eric Scott Hunsader discovered on the internet site of the U.S. Commodity Futures Trading Commission the documents of the CME Group's Central Bank Incentive Program.  

Well, CME Group runs all the major futures exchanges in the United States, and according to the documents filed by the CME Group, CME Group has been offering volume trading discounts to central banks for secretly trading all the futures markets in the United States — not just the financial instrument markets, but the agricultural commodity markets and the monetary metals markets as well.

King World News Powell VI 2:25:2015

This Is The BS Excuse?

So there is secret trading in futures markets going on in the United States.  The central banks are getting discounts for this (manipulative trading).  The CME Group justified these secret futures trading accounts for central banks as a matter of adding liquidity to the futures markets.

Will This Take Markets To The Brink & Bring Consumers To Their Knees? copy

Nobody Can Trade Against A Central Bank

I thought this (justification) was utterly ridiculous because it’s liquidity in the sense of the Atlantic and Pacific Oceans.  Nobody can trade against a central bank.  Central banks create infinite money.  If central banks are in a market, it is no longer a market anymore.  That is why these investigations will never go anywhere.  They will never reach any conclusion or indictment against an investment bank that is the intermediary for a central bank because this market-rigging is fully authorized by law.

More Propaganda As The Situation In The West Continues To Deteriorate

Mainstream Media In On The Coverup  

All we can do as advocates of free markets is to expose this so that people don’t play the game anymore.  Mainstream media in this country and in the West are so lacking.  This is the great virtue of alternative organizations such as King World News.  This is the only place where this issue can be raised.

King World News III Powell 2:25:2015

Reg Howe vs All The Power And Money In The World

Another place where this is public record was in U.S. District Court in Boston, back in 2001.  Reg Howe was suing the Bank for International Settlements, the U.S. Treasury Department and the Federal Reserve, for gold market rigging, and suing the major investment banks as well.

There was one public proceeding in that case before it was dismissed on technical jurisdictional grounds.  I attended that hearing.  Reg Howe was on one side of the courtroom and on the other side there were 15 or more lawyers for the BIS, U.S. Treasury, the Federal Reserve, Goldman Sachs, JP Morgan and the other bullion banks.

KWN Hathaway II 2:17:2015

“Your Honor, The Market-Rigging Is Legal”

An assistant U.S. attorney got up to argue in favor of the government’s motion for summary judgment, which is a motion for dismissal on the grounds that even if everything complained of in the lawsuit is true, there is no remedy at law and the lawsuit has to be dismissed.

The assistant U.S. attorney got up in support of the summary judgment motion and said that while the U.S. government did not admit doing anything that the plaintiff complained of, the U.S. government claimed the power to do everything that the plaintiff complained of as authorized by the Gold Reserve Act of 1934, as amended in the 1970s.

King World News Powell IV 2:25:2015

U.S. Claims The Power To Secretly Rig All Markets

So in this one hearing in Reg Howe’s lawsuit, Howe vs Bank for International Settlements, et al, and I call it “Howe vs All the Money and Power in the World” — in this one hearing a U.S. attorney got up and said that the U.S. government claims the power to secretly rig the gold market (and for that matter all financial markets).  That’s public record, but, of course, nobody will ask the U.S. government about this.  How's that for a trip down the rabbit hole, Eric?” ***JUST RELEASED: Chris Powell gave one of the most terrifying audio interviews of 2015 CLICK HERE OR ON THE IMAGE BELOW.

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Eric King
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