DOJ, CFTC investigating at least 10 major banks for possible rigging of precious-metals markets

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DOJ, CFTC investigating at least 10 major banks for possible rigging of precious-metals markets

DOJ, CFTC investigating at least 10 major banks for possible rigging of precious-metals markets

Funny to hear that the CFTC is investigating after learning back in 2012 that an Anonymous JP Morgan whistle blower tells CFTC that JPM manipulates the silver market & conspires in manipulating gold, then just like that the CFTC deletes the whistle blower submission off its website!

Good thing it was posted on here!

 

REUTERS-

The U.S. Department of Justice (DoJ) and the Commodity Futures Trading Commission are investigating at least 10 major banks for possible rigging of precious-metals markets, the Wall Street Journal reported, citing people close to the inquiries.

DoJ prosecutors are scrutinizing the price-setting process for gold, silver, platinum and palladium in London, while the CFTC has opened a civil investigation, the newspaper said.

The banks are HSBC Holdings Plc, Bank of Nova Scotia, Barclays Plc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, JPMorgan Chase & Co, Societe Generale, Standard Bank Group Ltd and UBS Group AG, the Journal said.

[REUTERS]

image credit: coinweek.com

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2 Responses to “DOJ, CFTC investigating at least 10 major banks for possible rigging of precious-metals markets”

  1. dee preston says:

    This is actually funny. Like they are going to do anything except perhaps slap them w/ a fine and keep all the money. There’s nothing new here just watch. All the markets are manipulated now can anyone name a market that’s not?? They are all in it together and no one that was actually injured by this will receive anything. So sick of all the manipulations it is a clear as day now and still, no one does anything to any of these banks. They are ALL criminal!

  2. levi says:

    The public is being thrown a sop. Everyone with any exposure to the so-called financial markets knows its a shell game and there is no pea under the shell. There is estimated to be about 50,000 people overall who are the controllers of the country and they and their lackeys are what we get for leadership. These headlines are the dog and pony show, do not pay attention to the man behind the curtain. It’s open pretense and mockery of the populace to run these announcements. There is no more an investigation than there is any backing to the fiat paper. Keep drinking the kool-aid this is real, while the populace gets attacked and decimated by the “leadership” of this pirate ship. This country has been stripped of its industry, sold off its corporate technology, conjured up a national debt that is a mathematical impossibility, put under perpetual tribute to alien and foreign associations and combinations, saddled the working class with destructive and impossible taxes, shut off access to natural resources(EPA), criminalized every aspect of life, attacked the family institution, corrupted every public institution and public information that makes the American outlook, and on and on the list of great pressures to destroy the society are evident. The most violent of institutions attacking america are the police, courts, and legislatures. No one is safe when dealing with these immoral and amoral persons occupying these activities. That’s why its called collapse. When it comes some trigger will cause it to fail in a matter of hours. Usually the finances are the control mechanism to shut down the economy and personal monetary activity. When you can not use a monetary unit to access your survival requirements the only recourse is force. No one is self sufficient anymore and that body of knowledge has been stripped from society so everyone is vulnerable. Throwing whole populations out of their homes with the lies that go for normality shows how far into a slave existence the nation has descended. This uprooting of everyone possible is evidence of the anarchy that is being scientifically waged against us. These depraved people will not stop till they are hung, and they brag that is what it will take to stop them. Until then the destruction will only escalate to its known result.

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