by Chris Powell
Dear Friend of GATA and Gold:
What do Deutsche Bank’s confession to gold and silver market rigging and its pledge to incriminate other bullion banks mean?
Almost certainly they mean more litigation on top of the federal class-action lawsuit in New York that prompted the confession and pledge. Beyond that it’s anyone’s guess.
Of course gold traders, investors, and gold and silver mining companies and their investors are wondering what’s in it for them. That’s hard to say.