Tuesday, April 29, 2014

Deutsche resigns gold and silver price-fix seats

They list HSBC and ScotiaBank as the seat holders.  
Hum, isn't HSBC aka JP Morgan being that JPM has the largest short position on the comex. 


 “Gold will be fine with one less member but it’s a big deal for silver,” said a banker involved in the precious metals trade. “I don’t see how it can function with only two members so they are going to have to work something out.”

Deutsche resigns gold and silver price-fix seats - FT.com