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4.22.2010

ECB simultaneously confirms and denies currency intervention

The Reuters story appended here is typical of both Western central banking and mainstream financial press reporting and particularly of reporting about gold, insofar as the story blandly quotes the European Central Bank as asserting that it did not intervene in the currency markets in 2009 even as the story prominently describes a currency intervention acknowledged by the bank.
Jorge Pastine en 5:45

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Jorge Pastine
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