The Fed cranking up their intervention
posted on
Mar 31, 2008 10:05AM
Its absolutely astonishing to me that their is not an uproar south of the border on what the Fed is now proposing. They're completely out in the open now about wanting to manage markets. They want to be the watchdog on all markets now. In addition the SEC sends out a letter on Friday telling companies how to navigate around and avoid public disclosure on all the worthless paper they have on their books? These are truly scary times. How much money could you make shorting gold before every Fed announcement? Its funny how it gets taken out every single time.