Bernanke congratulates himself for transparency while Fed hides gold records

Section:

As retiring Federal Reserve Chairman Ben Bernanke congratulates himself on his administration's supposed transparency, why is the Fed refusing to disclose its records about gold? And why are financial journalists just regurgitating the Fed's public-relations slop instead of demanding to see those records?:

http://www.gata.org/node/9917

* * *

As His Term Nears Its End, Bernanke Lauds Fed's Transparency

By Jonathan Spicer
Reuters
Wednesday, November 13, 2013

WASHINGTON -- The more steps the Federal Reserve takes to openly explain its policy decisions to the public the more legitimate and effective the U.S. central bank will be, Fed Chairman Ben Bernanke said on Wednesday. ...

At a Teacher Town Hall Meeting on the 100-year history of the Fed, Bernanke said that until the 1990s policymakers were reluctant to publicly explain their decisions in part because they thought doing so would diminish the effectiveness of policies. ...



ADVERTISEMENT

How to profit with silver --
and which stocks to buy now

Future Money Trends is offering a special 16-page silver report with our forecast for 2013 that includes profiles of nine companies and technical analysis of their stock performance. Six of the companies have market capitalizations of less than $800 million and one company has a market cap of only $30 million. The most exciting of these companies will begin production in a few weeks and has a market cap of just $150 million.

Half of all proceeds from the sale of this report will be donated to the Gold Anti-Trust Action Committee to support its efforts exposing manipulation and fraud in the gold and silver markets.

To learn about this report, please visit:

http://www.futuremoneytrends.com/index.php?option=com_content&id=376&tmp...



But "a more open Fed ... is both a more effective and more democratically legitimate institution," Bernanke said in remarks prepared for delivery at the event.

"The complex challenges we face as a nation are best addressed in an environment of informed public discourse, which is only possible when policy decisions are made in as transparent a way as possible.

"Increasing the Fed's transparency, openness and accountability has been one of my top priorities as chairman," Bernanke said. ...

... For the complete story:

http://www.reuters.com/article/2013/11/14/usa-fed-bernanke-idUSN9N0AR01B...

* * *

Join GATA here:

Vancouver Resource Investment Conference
Vancouver Convention Centre West
Sunday-Monday, January 19-20, 2014
Vancouver, British Columbia, Canada

http://www.cambridgehouse.com/event/vancouver-resource-investment-confer...

* * *

Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16



ADVERTISEMENT

Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata