Is long term regulation impeding silver manipulation?on April 30, 2017 at 01:24
Dread of regulation may impede bank’s from manipulating London’s silver benchmark
- New rules in 2018 have spooked bullion banking institutions and silver resolve operators
- Lack of liquidity in silver correct auction has lead to large volatility in the market place
- Silver benchmark has strayed from spot value numerous instances because 2016
- No new silver benchmark operator lined up to take over in the Autumn
- No smoke with no fire as actions level to silver price manipulation
- Silver stays suppressed and at a reduced value for traders stocking up
Simple economics tells us that markets and rates are driven by demand and supply. However, this isn’t often the situation in the silver industry. Even so, the threat of new regulations may possibly be putting a quit to some bullion banking institutions from fiddling the London silver benchmark.
Silver cost manipulation is constantly a thorny situation and one particular that has been taken on by academics, lawsuits, by veteran silver analyst Ted Butler and by the Gold Anti-Believe in Action Committee (GATA). As we have reported previously, allegations of silver price manipulation are far past the point of rumours, in the final couple of years bullion banks have been named to account for their behaviour. Deutsche bank even agreed to settle out of court and pay out $38m, in response to a class-action lawsuit.
But it looks the increasing consideration (and value) of manipulation by silver bullion banking institutions is not the only issue that is putting a end to a behaviour that has been evident forabove a decade. Reuters reported yesterday that concern of getting accused by regulators of marketplace manipulation has resulted in participating banks becoming reluctant to add liquidity in the course of the everyday auction.
If you would like to know which stocks we are purchasing and offering please join us at ‘Stock Trader’our premium investment service.
Subscribe for 12 months with recurring billing – $199
Purchase twelve months of subscription time – $199
If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters relating to gold stocks, silver stocks and uranium stocks,just click on the links and enter your e mail deal with and we will e-mail you our articles along with other exciting posts.
Please keep in mind to verify your spam folder when you have subscribed to make sure that our verification e-mail has not gone astray and you are acquiring our emails.
Follow us on TWITTER @goldprices
Published at Sat, 29 Apr 2017 23:58:59 +0000