The "news" is that yesterday December 2, 2016 Deutsche Bank finally agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense. This is in addition to the $38 million Deutsche Bank agreed to pay in October to settle similar litigation over alleged silver price manipulation.
In other words, Frank Underhill Jr. (CRD# 4970331) can now claim that Underhill Securities Corp. was adversely affected by Deutsche Bank's actions and (hopefully) get a piece of the $98 million that is allocated to settle such matters.
This should help finance HLLXF operations until the price of gold resumes its advance.
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