Canadian class action against gold and silver market rigging continues against other banks

IMG Auteur
Published : February 12th, 2019
307 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

While the law firm superintending the Canadian class-action lawsuit against gold and silver market rigging doesn't seem interested in communicating to the public about the case, GATA is reliably informed that the settlement agreement with Deutsche Bank reported today --

http://www.gata.org/node/18857

-- is not the end of the case.

The lawsuit continues against eight other banks, the London Gold Market Fixing organization, and the London Silver Market Fixing organization, as specified in today's announcement from the law firm:

https://sotosclassactions.com/wp-content/uplo...d-and-Silver...

GATA is also reliably informed that as with Deutsche Bank's settlement of the similar anti-trust lawsuit against it in the United States, the bank has agreed to provide evidence against the other defendants in the Canadian class action. Thus the Canadian lawsuit eventually may recover far more than the C$5.5 million Deutsche Bank has agreed to pay to settle the claims against it in Canada.


Of equal interest here is that as far as GATA can tell, the monetary metals mining industry and the World Gold Council have had nothing to say about these settlements, nor about the several admissions of gold and silver market rigging recently extracted from bullion bank traders by U.S. government agencies.

It seems that most of the monetary metals mining industry is interested only in touting share ownership and the World Gold Council is interested only in ensuring that there never is a world gold council.

That may leave GATA as the only advocate for monetary metals investors and adherents of free and transparent markets, limited and accountable government, and fair dealing among nations. Until the people and organizations with the resources to do this job as it could and should be done actually undertake it, GATA will be grateful for your financial support:

http://www.gata.org/node/16

Even a $5 contribution will be $5 more than GATA has received from Newmont Mining and Barrick Gold.

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Enter, the Dragon
21 OctS W.
Is it true that HRC actually eats babies?
Bank of England Warns of an ‘Abrupt’ Financial Collapse Due To Clim...
18 OctThemis2
A cynical attempt on Carney's part to deflect the blame for the coming financial crisis. The central banks must shoulder the majority of the culpa...
Bank of England Warns of an ‘Abrupt’ Financial Collapse Due To Clim...
16 OctS W.1
What a load of nonsense from Carney, Likely there will be a crash but to blame it on the climate is ...nonsense I am wondering if he has re...
A Hard Rain
09 Octcarlomar0
Bravo! The best analysis of what is going on! I read your column faithfully and always find new thoughts and valuable ideas in your writing!
Juniors ? The Butterflies in the Animal Farm of the investing world ?
07 Octstocking up pennies
Very well written article, Alan. It pictures the volatibility of the junior stocks, that are, indeed, mostly comparable to ''social butterflies'' a...
We Are Very Confident In $1,700 Gold Before The Muppets Awaken
08 OctThemis
You are correct regarding spelling but is it necessary to be pedantic about it? Surely the content of the article is more important?
A Hard Rain
08 OctThemis2
I agree with every word. Keep telling it as you see it. People are so close to the issues that they need a commentator like you to stand back and...
We Are Very Confident In $1,700 Gold Before The Muppets Awaken
02 OctLouis Solomons
There is no such word as commentairies.
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS