– CFTC fines UBS, HSBC and Deutsche Bank millions of dollars each for gold price manipulation
– Deutsche Bank ‘engaged in a scheme to manipulate the price of precious metals futures contracts’
– UBS ‘attempted to manipulate the price of precious metals futures contracts’
– HSBC engaged ‘in numerous acts of spoofing with respect to certain futures products in gold and other precious metals’
– Gold ‘experts’ continue to deny legal rulings, evidence amassed by GATA, admissions by banks and central banks including Greenspan and monetary history
– Counter intuitively, gold bullion price suppression is good news for those prudent few who look at the situation ‘holistically’, take a long term view and buy gold and silver bullion as insurance
