DEUTSCHE BANK ADMITS BIG BANKS RIGGED GOLD AND SILVER MARKETS
Gog Magog War, 26 April 2016
Recently, a European mega-bank, Deutsche Bank, admitted that it cooperated with other global mega banks to manipulate the gold and silver markets (first link). This story deserves far more coverage and analysis than it has been given in the establishment media. As one reads the links, it is quite evident that the mega-banks rigged the gold and silver markets to suppress the prices of both metals. However, in a conspiracy to manipulate the prices either up or down in the short term, the banking insiders could reap huge illegal profits via such insider trading actions.
What is remarkable is that Deutsche Bank has agreed to cooperate with investigators to help prosecute the other guilty parties in their sister mega banks. Presumably, the guilty parties in Deutsche Bank will be given either immunity or reduced sentences for their cooperation with global prosecutors as this investigation progresses. The second link and third link report Deutsche bank has already incriminated the Bank of Nova Scotia and HSBC Holdings in the precious metals rigging scheme (second and third banks). The first three links relate some of the details how the big banks manipulated the metals markets, but I’m sure that the Deutsche Bank staffers will reveal intimate details about the rigging procedures to the prosecutors who are assigned to this case.
