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RE: Despite the garbage and verbal diarrhoea by the Mainstream Narrative that The Economy is fine, this is what is really happening. We are here..!!

in #gold7 years ago (edited)

great article @stephenkendal. Gold and silver prices have been manipulated for years.

"After months of "smoking guns" and conspiracy theory dismissals, a Singapore-based Deutsche Bank trader (at the center of fraud allegations) finally confirmed (by admitting guilt) what many have suspected - the biggest banks in the world have conspired to rig precious metals markets."

2 June 2017 - source - http://www.zerohedge.com/news/2017-06-02/deutsche-bank-admits-guilt-fraud-conspiracy-rig-precious-metals-markets

there's more

previously the Deutsche Bank had agreed to pay $38 million to settle the silver manipulation litigation.

The settlement concludes one of many recent lawsuits in which investors have accused banks of conspiring to rig the precious metal markets

Then two months after the silver settlement, Deutsche Bank agreed to pay another $60 million to settle the other side of the antitrust litigation: that of rigging gold.

source - 3 December 2016 - http://www.zerohedge.com/news/2016-12-03/deutsche-bank-pays-60-million-settle-gold-manipulation-lawsuit

Here's an interesting read along theses same lines > "Gold and Silver Price Manipulation: The Biggest Financial Crime in History" , for a more in depth review check out > http://news.goldseek.com/GoldSeek/1489601367.php

Thanks again for your post @stephenkendal, the next few years will be interesting ones as the forces of paper money and inflation and deflation struggle. History says paper money will lose and so will those who trust in paper money.

#Blockchain Technology adds a new twist, a possible safe harbor, to the upcoming financial storms and the volatility that lays ahead.

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