Josh Sigurdson sits down with author and economic analyst John Sneisen to once again expose Deutsche Bank for rigging silver and gold prices following Deutsche Bank trader David Liew admitted to intentionally doing just that in court.
Deutsche Bank was caught red-handed in 2016 on more than one occasion having rigged silver and gold markets back to 2009 alongside several other banks including HSBC, Bank of America, Scotia Bank, BNP Paribas as well as many other powerhouses.
Interestingly enough as Stephen Kendal told us back in February, 2016, we’ve been in an artificial bear market in gold since 2012 when in reality, it’s a bull market.
The manipulated derivatives markets are forcing people into a bottomless pit of debt and it’s all by design.
It’s convenient that gold and silver are one of the most prevalent ways to insure wealth in the inevitable event of a fiat dollar crash.
As John Sneisen says,
“It’s the crazy amount of leverage and derivatives that these banks constantly create in order to create more and more money on just trading it in between each other because if you were to go with a regular trade in gold and silver it wouldn’t be that much fun to do because gold and silver you just hold it, you don’t trade it, it’s a wealth insurance.”
So basically, they’re making a profit while screwing us and rigging markets. We’ve done many reports on gold & silver ETFs vs. physical buy-ups.
Deutsche Bank was also recently sued in Italian court for running an international criminal organization and there’s no doubt that’s precisely what they are.
Stay tuned for more on this subject from WAM!
Video edited by Josh Sigurdson
John Thore Stub Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
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