World Economy

Fed Misusing Banks

Fed Misusing BanksFed Misusing Banks

Former Assistant Secretary to the Treasury Dr. Paul Craig Roberts spoke with precious metals news source King World News to discuss recent events occurring in the gold and silver markets and in particular, with the Federal Reserve and US dollar, reported. During his 19 minute interview Roberts unequivocally stated that the Federal Reserve is using the bullion banks to short the futures market on the Comex with naked paper contracts as a hedge against the dollar collapsing because of the five year-long easing programs done by the US central bank.