First Silver, Now Gold: Deutsche Bank Admits It Also Rigged
Well, that didn't take long.
Earlier today when we reported the stunning news that DB has decided
to "turn" against the precious metals manipulation cartel
by first settling a long-running silver price fixing lawsuit which
in addition to "valuable monetary consideration" said
it would expose the other banks' rigging having also
"agreed to provide cooperation to plaintiffs, including
the production of instant messages, and other electronic
communications, as part of the settlement" we said
"since this is just one of many lawsuits filed
over the past two years in Manhattan federal court
in which investors accused banks of conspiring to rig rates
or prices in financial and commodities markets, we expect
that now that DB has "turned" that much more curious
information about precious metals rigging will emerge, and
will confirm what the "bugs" had said all along:
that the precious metals market has been rigged all along."
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.
In other words, hours after admitting it was rigging
the silver market, it did the same for gold. Some more headlines from Reuters:
Reaches settlement in U.S. litigation alleging it conspired to
fix gold prices.
Plaintiffs' lawyers, in filing, say Deutsche Bank has signed
a settlement term sheet
Plaintiffs' lawyers say are negotiating formal settlement agreement
that would be presented for judge's approval later
Plaintiffs' lawyers say settlement contemplates a monetary payment
by Deutsche Bank
Gold settlement follows similar accord involving alleged silver price-
fixing that was disclosed on Wednesday
We will share more as soon as it becomes available as well as
the full details of the settlement.
Ps. LYN thank you - Let's pray that their leaders do not win any election - TIA - Love You - God Bless - Amen -
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> Hillary - they want their leader to win!