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Fed manipulates all markets with repurchase agreements
10:48a ET Tuesday, February 5, 2008
Dear Friend of GATA and Gold:
World Net Daily today interviews Interventional Analysis newsletter editor Michael Bolser about the Federal Reserve's use of repurchase agreements to manipulate the bond, currency, commodity, and stock markets through the Fed's primary dealers in these agreements. While repurchase agreements are not widely understood and hardly ever reported about, their purpose is frankly market manipulation, undertaken every day -- which is probably exactly why they are hardly ever reported about. You can find the World Net Daily article here:
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=55601
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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