GATA (20 Feb 10)
Dear Friend of GATA and Gold:
As you may have seen from the Bloomberg News story dispatched to you previously today,(http://www.gata.org/node/8352), Federal Reserve Chairman Ben Bernanke is to appear next week before the banking committees of Congress to present the Fed’s semi-annual report on the economy. Presumably Bernanke will be subjected to the usual questioning by committee members. The problem, of course, is that these questions are seldom very compelling and so elicit little about the Fed’s secret, market-manipulating actions.
With your help, we can change that next week.
After all, what if a committee member asked Bernanke about the Fed’s gold swap agreements with foreign banks, agreements the Fed admits having and insists on keeping secret, agreements about which GATA is suing the Fed for access under the U.S. Freedom of Information Act?