Now that the cat is out of the bag and Deutsche Bank has agreed to turn over documents implicating other banks in related schemes, major mining companies are preparing lawsuits of their own. Straight-shooting First Majestic Silver CEO Keith Neumeyer, who in 2015 was the first mining company head to issue a public statement on the manipulation of precious metals prices by a small concentration of players, has said that the company’s legal team is closely monitoring the situation…
World’s Purest Silver Producer Prepares To Join Class Action Lawsuit Against Bullion Banks For Price Rigging
“It’s quite shocking to me… It’s very harmful to the shareholders… It is manipulation and it’s used frequently. Yet, the exchanges don’t step in because the exchanges are owned by the banks… the self policing system doesn’t work because no one wants to police themselves because they’re all making too much money.”
Title: 2 OF THESE #’s ARE REAL: $20 TRILLION US DEBT, $1,025 BITCOIN, $1,005 SILVER, $9,096 GOLD
Video posted 02 Jan 2017 by SGTreport.com
As Neumeyer correctly highlights, it’s impossible for a trader or firm to have such a perfect record, unless of course they are working the system, which certainly appears to be the case based on the evidence.