GATA lawsuit info
posted on
Feb 20, 2011 04:06PM
This is the document the Federal judge ordered released by the Fed. Complete story is at GATA website!
Jim.
3:43p MT Friday, February 18, 2011
Dear Friend of GATA and Gold (and Silver):
Western government and central bank officials discussed coordinating their gold market policies at a private meeting of the G-10 Gold and Foreign Exchange Committee in April 1997, according to minutes of the meeting released to GATA today by the Federal Reserve Board upon the order of a federal court. The minutes also quote a U.S. delegate as warning that a rising gold price would increase the U.S. government's debt burden.
The document was only one of many whose release was sought by GATA in its freedom-of-information lawsuit against the Fed in U.S. District Court for the District of Columbia. The judge, Ellen Segal Huvelle, ruled two weeks ago that other documents containing the Fed's gold-related secrets were exempt from disclosure under the law.