by irdadmin | Apr 15, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
The big buzz yesterday in the precious metals market was the news that Deutsche Bank has agreed to settle charges for its role in manipulating the London Bullion Marketing Association (LBMA) daily gold/silver price fixings. My view on this, albeit admittedly jaded, is...
by irdadmin | Apr 11, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
Sprott Asset Management announced a secondary offering of its PSLV silver trust on Friday. If the over-allotment option is exercised, the deal will raise approximately $86 million. At today’s price of silver ($15.95), that would translate into 5.4 million...
by irdadmin | Apr 11, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
The LBMA appears now to be in an intractable and rapidly degenerating position – with the vaulted gold available outside of the Bank of England and ETF holdings largely gone from London, how do you manage the appearances of a spot gold market with turnover of...
by irdadmin | Apr 8, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
…One More Reason For The Establishment To Hate Him Eric Dubin – The News Doctors Naturally, Donald Trump likes currency, but he also likes money (bragging rights go to all those that know the difference). It turns out that he accepted 3 kilo bars of gold...
by irdadmin | Apr 6, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
Right now it is $1,390 an ounce, but before the events in New York and Washington it was $280 an ounce,” he wrote. He added, “If the price of gold reaches $1,500 or a little over before you get this message, it’s still all right to buy it. – NY Times quoting Bin...
