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Deutsche Bank has been under investigation for a long time. Now they have turned over to investigators “more than 350,000 pages of documents and 75 audio tapes,” including emails where they call themselves “mafia” when it comes to manipulations in the silver trades.
On April 1, 2011, they even wrote to other traders that were part of this mafia: ‘if we are correct and do it together, we screw other people harder.”
Lawyers representing traders who allege they were ripped off by a group of colluding global banks filed eye-popping evidence in a Manhattan Federal Court yesterday showing that even as global banks were being criminally probed for rigging currency markets, they continued to engage in rigging the silver market, with a UBS trader referring to the group as the “mafia.”
In order to settle the charges against it in the matter, yesterday’s filing shows that the beleaguered Deutsche Bank turned over to the plaintiffs’ attorneys “more than 350,000 pages of documents and 75 audio tapes” that implicate other banks in a very serious way.
Sooner or later, the bankers mafia will be forced to stop suppressing the price of silver. When that happens, the price will probably head up to $200/oz or even much more than that.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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