Silver Fixing By Banks Proven In Traders Chats

http://www.goldcore.com/us/gold-blog/silver-fixing-banks-proven-traders-chats/

Silver Bullion Manipulation By Banks Proven In Traders Chats

• Evidence of traders rigging the silver market
• Court documents detail private chats between bank traders
• Lawsuit alleges widespread rigging of precious metal market
• “Avalanche can be triggered by a pebble if u get the timing right” – UBS trader 
• “If we are correct and do it together, we screw other people hard” – UBS trader

Since 2003, we have believed and written about how the silver and gold markets are manipulated and “fixed” by banks. Even then there was circumstantial evidence to suggest this was the case.