In response to the Gold Anti Trust Action Committee's FOIA request regarding the exact nature of The Federal Reserve's gold leasing activities, The Fed has admitted that it has concealed documentation of their gold swap operations with foreign central banks.
This is big news because A.) the sort of actions taken by The Fed, without question for the purpose of suppressing the price of gold, are not only NOT part of their remit, but are, in fact, illegal. What's more, this admission means Federal Reserve Bank Chairman Ben Bernanke and his predecessor Alan Greenspan have lied before Congress. Whenever questioned on this issue, both have sytematically denied The Fed's involvement in gold leasing schemes. Now, more than ever, auditing The Fed is imperative since, with these new revelations, there is every reason to wonder about the status of U.S government gold. It may, in fact, as some assert, be gone. We simply don't know, but "We The People" have every right to find out. In the meantime, let the indictment and prosecution of Ben Bernanke and Alan Greenspan begin. They have earned it.