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Axel Merk: Greenspan admitted that Fed is not politically independent
1:20p ET Wednesday, October 29, 2014
Dear Friend of GATA and Gold:
Fund manager Axel Merk of Merk Investments today calls attention to a few comments made Saturday by former Federal Reserve Chairman Alan Greenspan at the New Orleans Investment conference -- including acknowledgment that the Fed is not politically independent, as is often claimed, and his expectation that the price of gold will rise. Merk's commentary is headlined "Greenspan: Price of Gold Will Rise" and it's posted in the "Insights" section of the Merk Investments Internet site here:
http://www.merkinvestments.com/insights/2014/2014-10-29.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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Anglo Far-East: Think Outside the Bank
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