Fed audit bill to expose gold manipulation

Paul says Fed audit bill means to expose gold price manipulation

Submitted by cpowell on Thu, 2009-07-09 04:26. Section: Daily Dispatches

12:22a ET Thursday, July 9, 2009

Dear Friend of GATA and Gold:

Speaking Wednesday on Judge Andrew Napolitano's "Freedom Watch" program on Fox News, U.S. Rep. Ron Paul, R-Texas, remarked that one of the purposes of his increasingly popular legislation to audit the Federal Reserve is to expose how the Fed has been manipulating the price of gold to support the dollar. Paul's interview has been posted at YouTube here:

http://www.youtube.com/watch?v=Cnx6a5mlM9M#t=4m21s

His comment on gold price manipulation comes at 4 minutes and 30 seconds into the interview.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.