Precious metal bugs around the world, rejoice! You can take your tin foil
hat off and set it on your night table. The banking elite is beginning to
fracture in their unity and one key player has admitted to something that we never thought they would:
rigging the precious metals markets.
You read that correctly; Deutsche Bank, which suddenly turned somewhat
gold positive earlier this year, has just reached a settlement in US litigation, which accused the
banking institution of manipulating the gold markets on an ongoing basis.
This settlement is an admission that they have been involved in corruption
in the metals markets in the past, and it is an admission that we "tin
foil" hat and "conspiracy theorists" have been correct all
along. GATA and many other key
names in the precious metals community have been shouting this from the rooftops
for years and are now vindicated.
Yet this admission, which could be the beginning of the end for the
banksters, is not the most shocking aspect of all. No, there is much more to
this story that needs to be delved into and analyzed. Deutsche Bank is not
stopping with their admission of manipulation; they have agreed to go even
further and uncover additional key members who have been involved in one of
the greatest financial scandals in our modern era.
Where this will go from here is yet to be seen. But you can undoubtedly
assume that the financial elite will fight back, as they cannot afford to
simply "roll over and die." They have far too much invested in the
current financial structure that exists.
Not only will the financial elite fight back, but Western politicians and
Central Bankers will aid them in their cause, as they consider keeping the
price of gold down a matter of "national security."
With gold being the canary in the gold mine, it is more important than
ever for the elite to keep gold suppressed. The world stands on a knife edge
and is peering over into the abyss below.
They know that their Ponzi scheme could come unraveled any day, especially
with one of their previous allies, Deutsche Bank, now turning on them.
It only takes a small, but growing, majority of us to continue on with the
fight and set the world back on its correct, true and honest path. The path
of free money and prosperity, the path paved in gold.
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Nathan McDonald is a libertarian, entrepreneur and precious metals
enthusiast. He has always taken a keen interest in free markets and
economics since an early age, which naturally led him to become a true
believer in precious metals and all that they stand for.
Nathan served eight years in the Royal Canadian Navy as an
electronics technician, seeing the true state of the world, before starting
his first successful business. He has since gone on to create a number of
businesses, all of which are still in operation and growing.
In addition to this, Nathan runs a network of successful precious
metals blogs, and a growing newsletter that has attracted readers from all
around the world.
He is a regular and highlighted writer for the highly respected
Sprott Money Blog, which covers world events, geopolitics and of course
precious metals.
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The views and opinions expressed in this material are those of the author
as of the publication date, are subject to change and may not necessarily
reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the
accuracy, completeness, timeliness and reliability of the information or any
results from its use.
