Goldcore's Jan Skoyles: Is regulation putting a stop to silver price manipulation?

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By Jan Skoyles
Goldcore.com, Dublin
Friday, April 28, 2017

Simple economics tells us that markets and prices are driven by demand and supply. Unfortunately, this isn’t always the case in the silver market. However, the threat of new regulations may be putting a stop to some bullion banks from fiddling the London silver benchmark.

Silver price manipulation is always a thorny issue and one that has been taken on by academics, lawsuits, by veteran silver analyst Ted Butler, and by the Gold Anti-Trust Action Committee. As we have reported previously, allegations of silver price manipulation are far past the point of rumors, for in the last couple of years bullion banks have been called to account for their behavior. Deutsche bank even agreed to settle out of court and pay $38 million in response to a class-action lawsuit.

But it seems the rising attention (and cost) of manipulation by silver bullion banks is not the only thing that is putting a stop to a behavior that has been evident for over a decade. Reuters reported yesterday that fear of being accused by regulators of market manipulation has resulted in participating banks being reluctant to add liquidity during the daily auction. ...

... For the remainder of the commentary:

http://www.goldcore.com/us/gold-blog/silver-price-manipulation-regulatio...



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