– Swiss National Bank Admits Directly Buying Small-Cap Stocks (ZeroHedge, Nov 14, 2014):
While we have noted previously that “a cluster of central banking investors has become major players on world equity markets,” and the BoJ has recently tripled its direct manipulative buying of stocks (after buying a record amount in August)… the conspiracy-theorist-dismissers will have to close their eyes and ears as the Swiss National Bank admits in its 2013 annual report that it greatly expanded its share of foreign stocks purchased… most notably small-cap companies.
Maybe it is time to reign in the SNB with the Gold Initiative?
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So does anyone still think the Fed does not do this?