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FLASH: Market-rigging lawsuit against London gold fix banks is ordered to proceed

By: Chris Powell, Secretary/Treasurer, GATA

 -- Published: Wednesday, 5 October 2016 | Print  | Disqus 

Dear Friend of GATA and Gold:

The financial news internet site Market Slant reports today that the federal judge handling the class-action anti-trust lawsuit against the banks that operated the daily London gold price fixing system from 2006 to 2012 has ordered the lawsuit to proceed, denying the defendants' request for dismissal. Market Slant says the judge's decision cites Deutsche Bank's confession to gold market manipulation in collusion with other bullion banks.

The judge's decision is posted in PDF format at GATA's Internet site here:

 

http://www.gata.org/files/LondonGoldFixClassActionDecision-10-03-2016.pdf

Market Slant's report is posted here:

http://www.marketslant.com/articles/exclusive-judge-rules-london-gold-fi...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.h...

Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://tinyurl.com/zr4tjuc

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16


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 -- Published: Wednesday, 5 October 2016 | E-Mail  | Print  | Source: GoldSeek.com

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