– “London Fix” Gold Rigging By Bullion Bank Exposed In Class Action Lawsuit: The Complete Charts (ZeroHedge, July 27, 2014):
While the allegations in the lawsuit are well-known to frequent (and all other) readers of Zero Hedge, we recommend reading the full filing as it explains in clear English just what the fixing process worked. Perhaps what is more interesting are the abnormalities in the price of gold as highlighted by Derksen, which clearly show the critical role the daily fix has in the manipulation of the price of gold, both in a downward and upward (mostly downward) direction: whichever suits the London Fix member banks.
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Between the UK and the rigged US market, when they collapse, they will fall hard. I cannot believe the US market, regardless of what happens in the world, it keeps going up. I think many people are going to wish they had gotten out………