Need More Evidence that Big Banks Are Manipulating Precious? Well, Here’s Some…
Big banks have long been accused of manipulating precious metal prices, and a new class action lawsuit in New York alleges that HSBC and Goldman Sachs intentionally manipulated the prices of platinum and palladium for an eight year period.
Modern Settings LLC, a jeweler that buys precious metals, claims that these large banks:
“were privy to and shared confidential, non-public information about client purchase and sale orders that allowed them to glean information about the direction [of prices.]”
Other lawsuits in Manhattan are accusing banks of rigging pricing for gold.
What this means for you and me is that more evidence is coming out about what we’ve known all along: banks collude with each other to take your money using insider trading.
That’s why it’s a good idea for you to hold on to something with intrinsic value, in other words, something other than their paper money.
HOW TO PROTECT YOUR IRA or 401(k)
(Only with a little-known "loophole" in IRS code.)
freekit.birchgold.com/gol...acement=tl_tra&msid=47261