Banks caught rigging the price of precious metals

[thedigger]

Here is the proof that the banks a mob of "Crooks"
http://www.reuters.com/article/us-deutschebank-settlement-silver-idUSKCN0XA2RU

Regards Frank

 

[Westaus]

Nothing new for the Stackers, they have been constantly arguing this issue. JP Morgan was the main focus for a lot of them. However no one was indited so no one could prove anything. Hopefully this is the first domino to fall but I wouldn't be holding my breath.

I believe the last people to be charged were the Hunt brothers back in the late 70's early 80's. It has taken thirty years for the price of silver to get back to that peak, it still has a long way to get back up there again.

https://en.wikipedia.org/wiki/Silver_Thursday

http://www.investopedia.com/articles/optioninvestor/09/silver-thursday-hunt-brothers.asp

Buuuut if they do prove that it has been manipulated, then what?

In general though most people don't care nor do they know, geez most of the people do not even know the Federal Reserve (America) is a private company! That the people owe trillions of dollars. That debt you see them talking about is all owed to private companies, not Government organisations.

Silver to da moon!!

 

[thedigger]

Charles Hugh Smith sums up the situation in the world today.
http://charleshughsmith.blogspot.com.au/2016/04/the-entire-status-quo-is-fraud.html

Regards Frank

 

[Nightjar]

Corruption world wide.

http://www.cheatsheet.com/business/7-most-corrupt-countries.html/?a=viewall

 

[grubstake]

...In general though most people don't care nor do they know, geez most of the people do not even know the Federal Reserve (America) is a private company! That the people owe trillions of dollars. That debt you see them talking about is all owed to private companies, not Government organisations.

Not exactly: https://en.wikipedia.org/wiki/Federal_Reserve_System

The US central banking system is pretty complex and unusual in that it includes national privately-owned banks, but it seems clear enough where overall control resides: The U.S. Government receives all the system's annual profits, after a statutory dividend of 6% on member banks' capital investment is paid, and an account surplus is maintained. In 2015, the Federal Reserve made a profit of $100.2 billion and transferred $97.7 billion to the U.S. Treasury.


More details are here: https://en.wikipedia.org/wiki/Federal_Reserve_Bank

 

[rocketaroo]

silver is way too cheap, for how rare, and useful it is