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From Rothschild To Koch Industries — Meet The People Who “Fix” The Price Of Gold

from ZeroHedge:

We went down the ‘golden’ rabbit hole and we were stunned by some of the things we found…

Earlier today many were stunned when the historic, 117-year old, London Silver Fix announced that in three months it would no longer exist. However, silver is only one half of the world’s two best known precious metals. Which is why we decided to take a long, hard look at that other fix: gold.

The reason for this particular inquiry is because in the aftermath of the rapid and dramatic departure of the world’s largest bank by outstanding notional derivatives, and Europe’s biggest bank by any metric, Deutsche Bank, from the precious metal fix, something felt out of place: almost as if the participants of the “fixing” process which for so many years took place in the office of none other than Rothschild on St. Swithin’s Lane in London, were suddenly scrambling to disappear without a trace.

Read More @ ZeroHedge.com

4 comments to From Rothschild To Koch Industries — Meet The People Who “Fix” The Price Of Gold

  • Jacobson

    Bring it on …

  • rich

    Duffy Tells Senate Futures Markets Are Not Rigged as Futures Traders File Lawsuit Alleging a “Clandestine” Conspiracy

    Following SEC Chair Mary Jo White’s less than credible testimony to the House Financial Services Committee on April 29 that “the markets are not rigged,” Terrence Duffy, Executive Chairman and President of the CME Group which owns the Chicago Mercantile Exchange, the largest futures exchange in the world, delivered the same message to the Senate Agriculture Committee yesterday.

    Duffy testified that “Our market data is sent to everyone at once. While customers have several options in terms of how they can receive data from us, we do not restrict access. Having multiple connectivity options makes our markets accessible to a broader array of participants.”

    That statement stands in stark contrast to a lawsuit filed on April 11 by three futures traders who present breathtaking allegations that the futures market overseen by Duffy has been entering into “clandestine contracts” with high frequency traders who, for a price, are allowed “to see price data and unexecuted order information before anyone else in the financial world.”

    Equally stunning, the lawsuit charges that the Chairman and CEO of the CME Group, “repeatedly gave false information to the public, to journalists and the media touting alleged advantages to the presence of HFT for price and liquidity while never mentioning that they were allowing the HFTs to get price information before everyone else and to trade on this price information.”

    The lawsuit covers the period from 2007 to 2014 so it is not immediately clear who the individual referred to as Chairman and CEO actually is.
    http://wallstreetonparade.com/2014/05/duffy-tells-senate-futures-markets-are-not-rigged-as-futures-traders-file-lawsuit-alleging-a-%E2%80%9Cclandestine%E2%80%9D-conspiracy/

  • Hannon

    Well it looks like the globalist finally got all the worlds wealth into that country they started, popularly known as the Peoples Republic of China. Only thing left to do now, is burn down America and Europe on the way out the door.

  • andrew james

    Yeah what ever. Keep shoveling.

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