Federal Reserve Supresses Gold Prices – Poorly
The Federal Reserve has long been suspected of directly manipulating gold prices, but they’ve been able to deny this activity due to the secrecy that surrounds all of their monetary policies.
In response to the looming threat of a Congressional audit of the central bank, the Fed is now fessing up to some manipulations in the gold market.
Will the unlikely alliance of Ron Paul and Barney Frank deliver the votes needed to reveal what “our” bank is really up to behind the scenes?
Stay tuned, more news on the Federal Reserve audit is on the way.