Tag Archives: manipulation

Barclays fined £26 million for manipulating price of gold for a decade

Barclays gold price rigging

It was almost inevitable: a week after we wrote “From Rothschild To Koch Industries: Meet The People Who “Fix” The Price Of Gold” and days after “Barclays’ Head Of Gold Trading, And Gold “Fixer”, Is Leaving The Bank“, earlier today the UK Financial Conduct Authority finally formalized what most in the “tin-foil” hat community had known for years, when it ... Read More »

London’s silver price fix to end after nearly 120 years

City of London

Following a crackdown on precious metal manipulation by various European regulators (mostly Germany’s BaFin, recall “Precious Metals Manipulation Worse Than Libor Scandal, German Regulator Says“), which led to the shocking outcome that Deutsche Bank would pull out of the London gold and silver fixing committees, the London Silver Market Fixing company ended up with a most curious outcome: it would ... Read More »

JP Morgan Commodity Chief Blythe Masters leaves the sinking ship

Blythe Masters

A week ago we wrote: ‘While it has been public for a long time that i) JPM is eager to sell its physical commodities business and ii) the most likely buyer was little known Swiss-based Mercuria, there was nothing definitive released by JPM. Until moments ago, when Jamie Dimon formally announced that JPM is officially parting ways with the physical commodities ... Read More »

The gold price manipulation article the Financial Times removed

Financial Times gold

Two days ago the FT released a clear, informative and fact-based article, titled simply enough “Gold price rigging fears put investors on alert” in which author Madison Marriage, citing a report by the Fideres consultancy, revealed that global gold prices may have been manipulated on 50 per cent of occasions between January 2010 and December 2013. To those who hve been ... Read More »

Federal Reserve: 100 years of US dollar manipulation

FED USD manipulation

Monday 23 December marks the 100th Anniversary of the creation of the Federal Reserve System – the Central Bank of the United States of America. The mainstream media are keeping remarkably quiet about this key milestone. No doubt, they know only too well that growing millions of workers inside and outside the US are realizing that a century of central ... Read More »

Open letter to the World Gold Council – Billionaire Eric Sprott

eric sprott

Dear World Gold Council Executives; As you very well know, the business environment for gold producers has been extremely challenging over the past few years. While demand for physical gold remains extremely strong, prices on the COMEX have fallen precipitously. This contradictory situation is the single most important obstacle to a healthy gold mining industry. In my opinion, the massive ... Read More »

China, gold prices & US default threats

gold USA

24 karat gold bars are seen at the United States West Point Mint facility in West Point, New York June 5, 2013. In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet the opposite was the case. It is worth a closer ... Read More »

Swiss to investigate manipulation of currency markets

Currency market

Swiss regulators are investigating a number of financial firms over the potential manipulation of currency markets, where £3tn changes hands every day. The regulator said that multiple banks around the world could be drawn into the investigation, which will raise fresh questions about the integrity of the markets. The Swiss Financial Market Supervisory Authority said in a brief statement: “Finma is currently conducting investigations ... Read More »

Gold and silver price manipulation becoming more blatant

Gold and Silver manipulation

For the 3rd day in a row, precious metals have been monkey-hammered lower in the first hour of trading on the US markets… no news, no headlines, no technicals – just good old-fashioned $10 cliff-dives in gold…   In Aug 13-15th, 2012 silver finished on the exact same price three days straight at $27.83 SEE ALSO: - Exposed: JP Morgan’s gold ... Read More »

JP Morgan whistleblowers confess bank manipulates gold & silver

Gold Silver

In a stunning development, two JP Morgan whistleblowers have confessed that the bank manipulates the gold and silver markets. This is truly a shocking admission by the courageous JP Morgan whistleblowers. In a blockbuster King World News interview, London metals trader Andrew Maguire told KWN that the two JP Morgan employees came directly to him with hard evidence that the ... Read More »