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Deutsche Bank to pay $38 million in U.S. silver price fixing case

Deutsche Bank to pay $38 million in U.S. silver price-fixing case. Deutsche Bank AG (DBKGn.DE) has agreed to pay $38 million to settle U.S. litigation over allegations it illegally conspired with other banks to fix silver prices at the expense of investors, according to court papers filed on Monday. The settlement, disclosed in papers filed

By |2017-03-30T21:18:06+00:00October 25th, 2016|Currency, Global Economics, Silver|

Banks must face U.S. gold rigging lawsuit

Banks must face U.S. gold rigging lawsuit; UBS is dismissed A U.S. judge said gold investors may pursue much of their lawsuit accusing four major banks of conspiring for a decade to fix prices and exploit distortions at the expense of investors in global markets for the precious metal. Antitrust and manipulation claims can move

By |2017-03-30T21:18:59+00:00October 25th, 2016|Global Economics, Gold|

Lord Rothschild recommends buying gold

Lord Rothschild: "Why I've sold hundreds of millions of pounds worth of shares, and bought gold". Lord Rothschild, chair of the £3.04 billion RIT Capital Partners investment trust, has revealed that while he has significantly reduced his exposure to listed shares, he has responded to the prevailing economic uncertainty by buying gold. Lord Rothschild and

By |2017-03-30T21:20:11+00:00October 25th, 2016|Gold|