Precious Metals Manipulation - Deutshe Bank Admits Guilt - a podcast by Ted Sudol

The big news we discuss on "http://www.preciousmetalsinvesting.com">www.preciousmetalsinvesting.com is
manipulation in the precious metals markets and Deutsche Bank's
admission of guilt in a silver price fixing lawsuit. Even more
important is that they have agreed to expose other
manipulators. 

Ted Butler has been investigating price fixing for 20 years in
the precious metals markets.

Bill Murphy and Chris Powell in 1998 formed GATA the Gold
Anti-Trust Action Committee "to expose, oppose, and litigate
against collusion to control the price and supply of gold and
related financial instruments."

So this has been a long hard fight to bring these manipulation
schemes to light. Congratulations to all of those in the precious
metals markets who fought to expose these manipulations in the face
of denials and stonewalling by the regulatory organizations that
were supposed to be the watchdogs.

The precious metals advocates who are heros in this story are
almost too numerous to mention. People like Gerald Celente and
websites like "http://www.zerohedge.com">www.zerohedge.com If I have
forgotten any that I should have mentioned please said an email to
"mailto:ted@preciousmetalsinvesting.com">ted@preciousmetalsinvesting.com and
I will make the needed edits and additions to this post.

On this Precious Metals Investing Podcast I talk with Paul
Mladjenovic, author of Precious Metals Investing for Dummies and
High Level Investing for Dummies about the manipulation in the
Precious Metals markets and what he feels will be the effects for
investors.

If we look to the past for some guidance we can see that a
threat of a lawsuit against the big banks and suspected
manipulators lead to a steep rise in precious metals prices. A
settlement lead to a drop. But here we are in new territory. A
major bank, Deutsche bank,admitted guilt in the silver price fixing
lawsuit and further more agreed to exposing other banks that
participated in the manipulation schemes.

Does this spell the end of the manipulation schemes in the
precious metals markets? I certainly hope so. I think a a freer
market will mean a truer price discovery for the precious
metals.

For a long time the silver story has been very compelling.
Increasing industrial use in electronics, solar energy, medical
uses, low recovery rates and lower levels of production leading to
smaller above ground stocks of silver.

The story of silver was very compelling and many silver
advocates asked why in the face of all of these factors wasn't
silver higher. Now we know - Bank Manipulation to keep the prices
down.

To repeat the words of Richard Maybury of the US and World Early
Warning Report:

"I see nothing but good things ahead for the precious
Metals."

 

 

 

 

 

 

 

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Website of Ted Sudol