Alasdair Macleod: Bernanke is boxed in

Submitted by cpowell on Sun, 2011-05-01 17:00. Section: Daily Dispatches

1p ET Sunday, May 1, 2011

Dear Friend of GATA and Gold (and Silver):

Economist and former banker Alasdair Macleod, who will speak at GATA's Gold Rush 2011 conference in London in August (http://www.gata.org/goldrush2011-london), reviews Federal Reserve Chairman Ben Bernanke's press conrerence and concludes that the markets figure that the Fed has opted for inflation to save the banking system. Macleod's commentary is headlined "Bernanke Boxed In" and you can find it at GoldMoney here:

http://www.goldmoney.com/gold-research/bernanke-boxed-in.html

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