In our premium articles, we have written extensively on the topic of market manipulation (see The Strange Manifestations of Free Market Manipulation)…. While it is always tempting to “correct” the naturally efficient free market, the effort always backfires by displacing something else. It’s like the old game of Whac-A-Mole, a game where whacking one mole only leads to more moles popping out.
The government-engineered suppression of gold prices has long been thought the realm of tin-foil hatters by the mainstream media—but new evidence, and new doubt being cast on the Fed, has lent credence to the theory.
Alan Greenspan is an economist and former Chairman of the Federal Reserve Board. He was appointed Chairman by Ronald Reagan in 1987 and remained in his position until his retirement in 2006.
Ben Bernanke is current Chairman of the Federal Reserve Board. He succeeded Alan Greenspan as Chairman in 2006, following his nomination by former President George W. Bush. He is an economist and former professor at Princeton University. Nicknames include "the bernank," and "Helicopter Ben."