Germany's regulators investigate manipulation in the gold market
CelticGold comment: New York and London are the center for most of the corruption and fraud in the financial industry. Scandals in the currency, bond and commodities sectors are shedding new light on the role that the big banks are playing in manipulating these markets.
Russia, China, India and many other countries are not going to allow the West to manipulate the Gold market. As more and more non-western countries demand transparency the truth will be revealed about Gold price suppression.
Should it be in fact true that Gold is being manipulated by the banks it will open up more Gold trading centers outside of New York and London. This will likely result in Gold being once again one of the most sought after and valuable financial assets in the world.
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