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Home>GoldWire>Axel Merk: Greenspan admitted that Fed is not politically independent

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Axel Merk: Greenspan admitted that Fed is not politically independent

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Chris Powell

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Published : October 29th, 2014

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FOLLOW : Alan Greenspan Federal Reserve Gold Greenspan

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Category : GoldWire


	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

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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