Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John McCarthy who wrote (104771)	11/23/2009 12:16:26 AM
From: mishedlo	3 Recommendations Read Replies (1) of 116555

Have you actually opened up any of those links and looked at what was said and why? Gold swaps are exchanges of gold allowing one central bank to intervene in the gold market on behalf of another central bank, potentially giving anonymity to the central bank that wants to undertake the intervention. The 1995 Federal Open Market Committee minutes in which Mattingly acknowledges gold swaps are still posted at the Fed's Internet site: federalreserve.gov; Do a search for "swaps" Find all occurrences You will see Gata's claim is nothing but hot air. Not just that claim, but EVERY one. They take every snip out of context and find a conspiracy under every rock. Mish

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