The Most Overhyped Non-Event in Economic History

by Andrew Hoffman
Miles Franklin

It’s early Thursday morning, here at my article-writing home-away-from-home, Denver International Airport (featuring the “horsie with crazy eyes,” according to Sylvie) and I’d like to start by once and for all, ending the “debate” over whether Precious Metal prices are manipulated. I mean, just how much of a pariah can you be, when as the world’s largest derivatives holder, the “powers that be” still allow you to be caught “fixing” (i.e, suppressing) silver prices?

Deutsche Bank AG has agreed to settle U.S. litigation over allegations it illegally conspired with the Bank of Nova Scotia and HSBC Holdings Plc to fix silver prices at the expense of investors, a court filing on Wednesday showed.

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