By Rory Hall

The evidence continues to mount proving the work that GATA has performed for the past two decades is, not only 100% accurate, but shows how much a part of world gold actually plays. Don’t think for a minute that gold is not part of our monetary system. If it weren’t these price rigging schemes would not happen – especially on a global basis.

We reported on Deutsche Bank two years ago – click here – click here – click here – when their precious metals market rigging schemes were exposed and the bank was “fined” for rigging the gold market. During the investigation it was also discovered Deutsche Bank was rigging the silver market. A series of internal instant messages confirmed the rigging mechanism and the fact the price rigging was actually happening.

This situation with Deutsche Bank reached a point of two different class action lawsuits being filed for damages caused by the banks market rigging scheme. As Craig Hemke, TFMetals Report, explained at the time of this leg of the crime spree:

This post is intended to remind you that this case is not about the present and it’s not about the $38MM dollars. Instead, the true significance of this lawsuit will be on display over the coming months and years as innumerable new class action lawsuits are filed against The Bullion Banks for their collective role in rigging and manipulating the precious metals markets.

Now we learn the Canadian based Bank of Nova Scotia has now been caught with their hand in the cookie jar and charged with “spoofing” the gold and silver markets.

The Commodity Futures Trading Commission (CFTC) “fined” Bank of Nova Scotia a paltry $800,000 for their part in this leg of the market rigging scheme. I say “this leg” as this is now the second bank to have been found guilty of rigging these particular markets. How many more banks, and what techniques will be discovered next.

https://thedailycoin.org/2018/10/02/another-bank-fined-for-rigging-the-gold-and-silver-markets/

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 -- Published: Tuesday, 2 October 2018 | E-Mail  | Print  | Source: GoldSeek.com

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