Not sure what will come out of this because the banks seem to always get their way. For hundreds and hundreds of years mankind has been subjugated to the will of the banks because of the cowardice of political leaders to do anything about it.
People who do stand up to the banks, people like JFK and Abe Lincoln, usually end up with the raw end of the deal.
Though these law suits are encouraging the darkness they have spread over the land is asphyxiating.
Even though Trump is President Elect I will always have fury in my heart for the corruption that is allowed to persist.
Will anyone from these banks get prosecuted? EVER? And think of all the damage done beyond these silver and gold futures contracts. What about all the shareholders of silver and gold mining companies whose stock price is directly correlated to the price of these futures?
Sometimes I wonder how mankind has made it thus far. These bankers cast a dirty pall on the world and taint all things good and pure. They should never be forgiven and should be shunned and ostracized in all walks of life.
As part of the Deutsche Bank silver rigging settlement, the bank has provided "smoking gun" evidence and transcripts which show traders coordinating
trades in advance of a daily phone call, manipulating the spot market
for silver, conspiring to fix the spread on silver offered to customers
and using illegal strategies to rig prices.
Written by Vince Lanci for Marketslant
Deutsche Bank AG's early settlement in the Gold and Silver Rigging
trial has provided prosecutors with smoking gun evidence that not only
proves their case, but implicates even more banks in the manipulation of
Gold and Silver. It also paves the way from where we stand for a RICO
case.
No comments:
Post a Comment