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RE: Criminal BIS in full Panic over BASEL III - Suppresing Gold Like Crazy, Propping Markets...Infinite Market Manipulation
PROOF the Fed Riggs the markets - as per their own charter:
Open market operations (OMOs)--the purchase and sale of securities in the open market by a central bank--are a key tool used by the Federal Reserve in the implementation of monetary policy. The short-term objective for open market operations is specified by the Federal Open Market Committee (FOMC). OMOs are conducted by the Trading Desk at the Federal Reserve Bank of New York.
Obviously, "securities" refers not only to stocks and bonds, but also to gold and silver futures contracts (which set the 'paper' price of the metals).