www.kereport.com GATA today brought suit against the US Federal Reserve Board, seeking a court order for disclosure of the central bank’s records of its surreptitious market intervention to suppress the monetary metal’s price. The suit was filed in US 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 PC of Vienna, Virginia, (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 www.gata.org The lawsuit follows two years of gata’s efforts to obtain from the Federal Reserve and the US Treasury Department a candid accounting of the US government’s involvement in the gold market. These efforts parallel those of US Rep. Ron Paul, R-Texas, who long has been proposing legislation to audit the Fed. The Fed has wrapped in secrecy much of its massive intervention in the markets over the last year, and Paul’s legislation recently was approved by the US House of Representatives.
Ron Paul is interviewed by Mike Maloney from Goldsilver.com. They talk about monetary policy, the US constitution, the Federal Reserve, If you want to see the full-length interview at goldsilver.com
Legendary investor Jim Rogers predicts that gold price will double to around 00 per ounce within MONTHS. www.commodityonline.com Hooray for honest money.
I examine the recent sell off in gold and try to determine where we are headed based on the technicals of the futures and the GLD. … gold inflation commodities forex hedge hyperinflation silver deflation bullion futures trading options investing investment “hedge fund” “hedge funds” davianletter davianletter.com
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