GATA sues Fed to disclose gold market intervention records

Read more here:

" The suit was filed in U.S. District Court for the District of Columbia and targets Fed records involving gold swaps, exchanges of gold with foreign financial institutions. In a letter dated September 17 this year to GATA's law firm, William J. Olson P.C. of Vienna, Virginia, (http://www.lawandfreedom.com) Fed Board of Governors member Kevin M. Warsh acknowledged that the Fed has gold swap agreements with foreign banks but insisted that such documents remain secret:

Note: I understand there is a role to control "panic" but the "crisis" is independent of "panic". This mess is so big and the clowns running the circus drunk - have made such a mess - except for their own bank accounts - ...anyway - what does this mean for the true value of the commodity in question? It means that the price has been manipulated DOWN -

No comments:

Post a Comment

Only by exercising YOUR freedom of speech shall you keep it. Comment now - I can handle it....

Note: Only a member of this blog may post a comment.