Every Market Is Manipulated … See For Yourself
WashingtonsBlog.com
April 14, 2016
Gold and Silver Are Manipulated
Deutsche Bank admitted today that it participated with other big banks in manipulating gold and silver prices.
In 2014, Switzerland’s financial regulator (FINMA) found “serious misconduct” and a “clear attempt to manipulate precious metals benchmarks” by UBS employees in precious metals trading, particularly with silver. Reuters reported:
Swiss regulator FINMA said on Wednesday that it found a “clear attempt” to manipulate precious metals benchmarks during its investigation into precious metals and foreign exchange trading at UBS …
And the UK’s Financial Conduct Authority found that Barclays manipulated the price of gold for a decade, sending “bursts” of sell orders to manipulate the market.
Gold and silver prices have been “fixed” in daily conference calls by the powers-that-be for a long time.
Bloomberg reported in 2013:
It is the participating banks themselves that administer the gold and silver benchmarks.
The Rest…HERE
