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Home > FLASH: Market-rigging lawsuit against London gold fix banks can proceed

FLASH: Market-rigging lawsuit against London gold fix banks can proceed

Submitted by cpowell on Wed, 2016-10-05 13:01 Section: Daily Dispatches

2:16p ET Wednesday, October 5, 2016

Dear Friend of GATA and Gold:

The financial news internet site Market Slant reports today that the federal judge handling the class-action anti-trust lawsuit against the banks that operated the daily London gold price fixing system from 2006 to 2012 has ordered the lawsuit to proceed, denying the defendants' request for dismissal. Market Slant says the judge's decision cites Deutsche Bank's confession to gold market manipulation in collusion with other bullion banks.

Market Slant's report is posted here:

http://www.marketslant.com/articles/exclusive-judge-rules-london-gold-fi... [1]

The judge's decision is posted in PDF format at GATA's Internet site here:

http://www.gata.org/files/LondonGoldFixClassActionDecision-10-03-2016.pdf [2]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org [3]



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Source URL: https://gata.org/node/16807

Links
[1] http://www.marketslant.com/articles/exclusive-judge-rules-london-gold-fix-manipulation-case
[2] http://www.gata.org/files/LondonGoldFixClassActionDecision-10-03-2016.pdf
[3] mailto:CPowell@GATA.org
[4] https://goldstandardv.com/news/2016/expansion-gold-standards-north-dark-star-high-grade-oxide-deposit-continues-intercept-56-2m-1-83g-aut/
[5] http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.html
[6] http://www.goldrush21.com/order.html
[7] http://tinyurl.com/zr4tjuc
[8] http://www.gata.org
[9] http://www.gata.org/node/16