Market manipulation

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Swiss regulator FINMA said on Wednesday that it found a "clear attempt" to manipulate precious metals benchmarks during its investigation into precious metals and foreign exchange trading at UBS.

UBS is to settle allegations of misconduct at its precious metals trading business alongside a planned agreement between UK and US authorities and seven banks over accusations of foreign exchange market rigging.

Barak Obama and the Democrats just lost the mid-term elections. They were already in minority in Congress and now they are sinking even deeper, losing their majority in the Senate in favour of the Republicans.

The timing of the gold dump is right as Japanese trading breaks for lunch

Exclusive interview with Egon von Greyerz. A Swiss gold referendum YES vote would be a trendsetter for central banks and a shock in the gold market

The London Bullion Market Association (LBMA) said on Thursday it appointed Morgan Stanley as a market maker, underscoring the ambitions of some banks to expand into precious metals trading while others exit due to stringent regulations.

We can’t speak about the manipulation of the gold price today without understanding the derivatives market. Right after the crash of 2000 in the stock market I became alarmed by the exponential increase of derivative products but especially by the complexity of those products.

Chris Powell has covered many aspects of the Western gold price suppression scheme last week on "The Larry Parks Show," broadcast on the Manhattan Neighborhood Network in New York.

Central banks have kept silent about this but it’s hard to believe that manipulating the foreign exchange market isn’t part of their policies; it’s probably also part of their new strategy.