Busted Metals Traders Distract from Larger Manipulation Problem

Busted Metals Traders Distract from Larger Manipulation Problem

Author’s note: Although limiting the Federal Reserve is the core mission of Solidus.Center, it’s also important to expose the egregious behavior of Fed-enabled Big Banks.

Two traders from the United Arab Emirates, Heet Khara and Nasim Salim, were recently suspended for manipulating the price of gold and silver on the Chicago Mercantile Exchange. The two traders utilized a technique called “layering”, the same technique that Navinder Singh Sarao utilized to facilitate the Flash Crash of 2010, which plunged the stock market 600 points in a matter of minutes. …

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Repatriation of Gold from Fed Suggests Historic Vote of No Confidence

Repatriation of Gold from Fed Suggests Historic Vote of No Confidence

Since 2012, there’s been an unprecedented call from foreign nations to repatriate their gold from Federal Reserve vaults in the U.S. This is an incredible development given many countries’ 71-year reliance on the Fed as a custodian of their bullion. Over the last few years, countries including, but not limited to, Germany, the Netherlands, France, Belgium, Austria, Poland, Ecuador, Finland, Switzerland, Venezuela, and Romania have either formally requested repatriation of their gold or are in discussions with the Fed about it. Some of these nations …

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