Posts Tagged ‘ Gold Reserve Act of 1934 ’

Fed Lawyer Alvarez: “The Federal Reserve does not own any gold at all.”

Fed Lawyer Alvarez: “The Federal Reserve does not own any gold at all.”

Thats right. The Fed owns NO gold. Zero, zip, ziltch. For those of you who did not watch yesterday’s monetary policy hearing in the house of representatives, you most likely missed this bombshell exchange between Federal Reserve lawyer Scott Alvarez and committee chairman Dr. Ron Paul. My jaw literally dropped when I heard the Fed’s...
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