by Dave Kranzler, Investment Research Dynamics:
Did you have to watch “Peanuts” 5,000 times before you figured out that Charlie Brown was not going to kick that footlball? – John Titus, “Bailout Films”
The Wall Street Journal reports this evening that “prosecutors in the Justice Department’s antitrust division are scrutinizing the price-setting process for gold, silver, platinum and palladium in London, while the Commodities Futures Trading Commission has opened civil litigation” (Wall Street Journal). Ten of the biggest banks in the world are allegedly under “scrutiny:” HSBC, Bank of Nova Scotia , Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan, Société Générale, Standard Bank and UBS.
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