In this video, I sit down with author and economic analyst John Sneisen to once again expose Deutsche Bank for rigging silver and gold prices following Deutsche Bank trader David Liew admitted to intentionally doing just that in court.
Deutsche Bank was caught red-handed in 2016 on more than one occasion having rigged silver and gold markets back to 2009 alongside several other banks including HSBC, Bank of America, Scotia Bank, BNP Paribas as well as many other powerhouses.
Interestingly enough as @StephenKendal told us back in February 2016, we've been in an artificial bear market in gold since 2012 when in reality, it's a bull market.
The manipulated derivatives markets are forcing people into a bottomless pit of debt and it's all by design.
It's convenient that gold and silver are one of the most prevalent ways to insure wealth in the inevitable event of a fiat dollar crash.
As John Sneisen says,
"It's the crazy amount of leverage and derivatives that these banks constantly create in order to create more and more money on just trading it in between each other because if you were to go with a regular trade in gold and silver it wouldn't be that much fun to do because gold and silver you just hold it, you don't trade it, it's a wealth insurance."
So basically, they're making a profit while screwing us and rigging markets. We've done many reports on gold & silver ETFs vs. physical buy-ups.
Deutsche Bank was also recently sued in Italian court for running an international criminal organization and there's no doubt that's precisely what they are.
You can watch the full video report here:
Stay tuned for more on this subject from WAM! Please Upvote & Follow! :)
If you like what we do here at WAM, you can donate to our Bitcoin here:
Thanks for the article. I want the manipulation to end but can they wait a bit, I want to buy as much silver as possible :)
lol I hear you, if anything, it poses a great opportunity. XD
I've been sitting on my stacks for years now... Gold and silver have gone horizontal (or down) for so long, sometimes I wonder if the crash will ever come. We're well overdue for a 7 year cycle. I guess they're better at manipulating these things than many of us anticipated.
All they know is manipulation. As soon as people lose faith it'll come crashing down though. In reality it should have happened a very long time ago, but I think the amount of people buying up cryptos is a big sign of a crash. It shows a massive lack in faith.
Fundamentals are entirely off the table, so specific predictions are not realistic.
Yeh it's all pure pure greed!
I'm waiting patiently for the day these bastards lose control and silver escapes.
Hold physical and the chains will be cut when the dollar crashes. :)
Thanks for the article. I think the rigging ends and silver and gold may be ready to start moving up again. Here is an article I wrote breaking down some mining companies, the better of which should outperform the metals themselves by a wide margin. https://steemit.com/money/@motowngold/i-think-gold-and-silver-are-staging-for-a-run-here-are-some-mining-stock-ideas