Fed Wars Against Gold

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    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