Sep 28, 2009

Declassified 1975 Fed memo explains need for gold price manipulation!

The Zero Hedge Internet site has unearthed another U.S. government memorandum from the not-so-distant past expressing the intent of the government to rig the gold price in a nominally free market and detailing the need for and methods of doing so. It's a memo written in 1975 by the chairman of the Federal Reserve Board, Arthur Burns. It's headlined "Exclusive Smoking Gun: The Fed on Gold Manipulation," and you can read about it HERE

You can read the real Macoy below in glorious scribd ipaper format:

Fed Arthur Burns on Gold 6 3 1975

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