TurtleIsland1 wrote BIX WEIR Investors accused Deutsche Bank, HSBC and ScotiaBank of abusing their power as three of the world’s largest silver bullion banks to dictate the price of silver through a secret, once-a-day meeting known as the Silver Fix.
BIX WEIR It’s official. Part of the Banking Cabal that rigs the silver market has come out of the shadows and has “settled” a lawsuit against them for rigging the “Silver Fix”. And the Mother of All Derivative Holders is right in the thick of it! Deutsche Bank to Settle US Price Fixing Litigation http://www.reuters.com/article/us-deutschebank-settlement-silver-idUSK CN0XA2RU
So now that the CFTC’s stance is NO LONGER VALID will they go back and actually prosecute any of the violators that rigged the COMEX? Highly doubtful. Not sure if anything will come of this as far a past evil deeds but one thing is for sure…IT WILL BE MUCH HARDER TO RIG THE SILVER MARKET GOING FORWARD!! BIX WEIR
http://www.roadtoroota.com/public/720.cfm
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TurtleIsland1: CHINA SAYS “NO DOLLARS” FOR NEW YUAN
Post by U.S.Reporter – Apr 13, 2016
China has reportedly decided “there can be no conversion of gold-backed Yuan to or from US dollars.” What China fears is that many countries around the world will want to trade their reserve US dollars for the new Yuan, leaving China with mountains of worthless US dollars. China already has several trillion in US dollar reserves and does not want or need more.
If news of this decision by China is correct, then countries around the world may just have to decide whether or not they wish to continue trading with the USA at all?
The upheaval this could cause as early as next week, would be staggering.
This is a fast-=developing story; check back
Source:
www.superstation95.com/index.php/world/1152
www.zerohedge.com/news/2016-04-13/stunning-chart-proving-chinas-trade-data-has-never-been-fake
Artesano: If true, then China would not accept FRNs (Federal Reserve Notes = fiat ‘hot air’ dollars)
