“London Fix” Gold Rigging By Bullion Bank Exposed In Class Action Lawsuit: The Complete Charts
by Tyler Durden
ZeroHedge.com
07/26/2014
While the allegations in the lawsuit are well-known to frequent (and all other) readers of Zero Hedge, we recommend reading the full filing as it explains in clear English just what the fixing process worked. Perhaps what is more interesting are the abnormalities in the price of gold as highlighted by Derksen, which clearly show the critical role the daily fix has in the manipulation of the price of gold, both in a downward and upward (mostly downward) direction: whichever suits the London Fix member banks.
The Rest…HERE