Commodity Trade Mantra

Posts Tagged ‘Precious Metals Manipulation’

CFTC doesn't know, nor wants to know Anything about the Commodity Market Rigging

Being unaware of the Deutsche Bank market rigging story, untill 10 days later, gives the impression that the CFTC not only doesn’t know what’s going on in its jurisdiction but also that it doesn’t want to know. It is additional evidence that certain commodity market rigging is outside the commission’s concern because the governments are the actual perpetrators.

Is Deutsche Bank’s Gold Manipulation The Main Scam Or Just A Side-Show?

Is this gaming of the London precious metals fix the same thing as or related to the main manipulation of the gold price, which is the practice of central banks “lending” their gold to big commercial banks, which then sell that gold on the open market to depress the price? These seem to be two different frauds and need to be exposed completely.

Deutsche Bank Admits It Rigged Gold Prices Too, Agrees To Expose Other Manipulators

This was confirmed moments ago when Reuters reported that Deutsche Bank has also reached a settlement in US litigation alleging the bank conspired to fix gold prices. Just hours after admitting it was rigging the silver market, it did the same for gold. Also like in the silver settlement it will provide cooperation in pursuing claims against the remaining Defendants.

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook