This may be a re-post, but it's the best article I've seen on central bank intervention in financial markets. It's long-ish, so skip the sublinks for now, and read the whole article first before clicking on the sublinks later to perform further research.
http://www.gata.org/node/8052
If this article doesn't jaundice you on markets and investing, you don't have a pulse.
Friday, January 22, 2010
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