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Fed's capital takes a big hit, Turk tells KWN
1:30p ET Monday, January 25, 2016
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk tells King World News today that Congress and President Obama have just deprived the Federal Reserve of a huge amount of its capital, pushing the Fed that much closer to technical insolvency if the Fed wasn't there already. An excerpt from the interview is posted at the KWN blog here:
http://kingworldnews.com/this-ticking-time-bomb-that-now-threatens-the-e...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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