World’s Largest Silver Producer Calls On The LBMA To Explain Last Week’s Fraudulent Silver Fix
- World’s Largest Silver Producer Calls On The LBMA To Explain Last Week’s Fraudulent Silver Fix
by Dave Kranzler, http://investmentresearchdynamics.com/
The London gold/silver fix was established in 1919 principally by the House of Rothschild to enable the Rothschilds to control international money markets through the manipulation of the price of gold. The daily gold/silver fix was conducted in the offices of N.M. Rothschild and Company. Fast-forward to 2016 and very little about the London fix has changed, other than some of the names involved with setting the “fix.”
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As most of you know by know, the London price fix committee “fixed” the price of silver 84 cents below the market price as represented by silver futures trading. In the context of the daily interventions in the precious metals market in London and NYC, this act of manipulation was a particularly brazen display of contemptuous disregard for anti-collusion laws.
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The parties who were harmed by this are the entities that had posted offerings in physical silver prior to the fix. They are the ones who need to initiate legal action so we can find out what happened. Certainly mining companies who posted their silver for sale had their face ripped off by this event. The more interesting side of the “fix” would be know the identities of the beneficiaries. My bet is that the bullion banks, some of whom are involved in the price fix process, were the biggest beneficiaries of the fraudulent price fixing.
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