Fed Wars Against Gold


    The U.S. Federal Reserve has spent 100 years robbing the public of its wealth, says Nick Barisheff, founder, president, and CEO of Bullion Management Group Inc. In a presentation at the Toronto Austrian Scholars Conference ‒ ‘The Federal Reserve’s Centennial Birthday ‒ The 100 Years’ War Against Gold’ ‒ he qualified this by saying his criticism is directed not only at the world’s most powerful central bank ‒ the Fed ‒ but also at the concept of central banks in general, because they are the antithesis of fiscal responsibility and financial constraint as represented by gold and a gold standard. An executive summary is at http://www.privatewealthcanada.ca/articles/FedReserveCentennial.php