Global Economics

JP Morgan Silver Price Rigging Case Overturned on Appeal

US Appeals Court overturns Dismissal in Silver Rigging Case against JPMorgan. Last June, JPMorgan Chase & Co had won the dismissal of three private antitrust lawsuits, including from hedge fund manager Daniel Shak, accusing the largest U.S. bank of rigging a market for silver futures contracts traded on COMEX.The lawsuits accused JPMorgan of having in

By |2017-03-30T21:04:15+00:00February 3rd, 2017|Currency, Global Economics, News, Silver|

The Ebb Tide Welcomes 2017

The curtain has closed on 2016. Left in its wake is a world demanding change. No longer content to accept the status quo, the masses expressed their discontent through several very unexpected votes both in Europe and in the USA. The underlying global economy continues to struggle in direct opposition to the promise of renewed

By |2017-03-30T21:22:34+00:00January 3rd, 2017|Global Economics, News|

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|