BANKS ADMIT TO FOREX MANIPULATION - Banks Fined $5.7 Billion over Foreign Exchange Rigging

HELP SUPPORT US - Be A patreon for Latest Updates & Exclusive Content http://www.Patreon.com/EliteNWOAgenda SUBSCRIBE to ELITE NWO AGENDA for Latest Updates - http://www.youtube.com/EliteNWOAgenda BANKS ADMIT TO FOREX MANIPULATION - Banks Fined $5.7 Billion over Foreign Exchange Rigging Barclays, Royal Bank of Scotland and three other banks have been fined almost £4bn over the manipulation of foreign exchange and currency rates. Four of the institutions - JPMorgan Chase, Citigroup, Barclays and RBS - have agreed to plead guilty to US criminal charges over manipulation of foreign exchange rates, the US Department of Justice said. The fifth bank, UBS, will plead guilty to rigging benchmark interest rates, the department added. In the final settlements under the foreign exchange (forex) market probe, Barclays agreed a £1.53bn fine with US and UK authorities, including £284.4m to Britain's Financial Conduct Authority (FCA). Royal Bank of Scotland agreed to pay a further £430m to US authorities Yet another banker has committed suicide, with a JP Morgan forex trader leaping to his death from the top of the firm’s Chater House headquarters in Hong Kong. A dangerous new trend is the successful manipulation of the financial markets by the Federal Reserve, other central banks, private banks, and the US Treasury. The Federal Reserve reduced real interest rates on US government debt obligations first to zero and then pushed real interest rates into negative territory. Today the government charges you for the privilege of purchasing its bonds. The fee is paid in a premium, which raises the cost of the debt instrument above its face value and is paid again in accepting a negative rate of return, as the interest rate is less than the inflation rate. The stock market is high because corporations are the biggest purchases of stock. Buying back their own stock supports or raises the share price, enabling executives and boards to sell their shares or cash in their options at a profitable price. The cash that Quantitative Easing has given to the mega-banks leaves ample room for speculating in stocks, thus pushing up the price despite the absence of fundamentals that would support a rising stock market. bank banking forex "forex trading" trading cartel "forex trading platform" chat manipulation euro dollar usd gbp partner partnership currency "currency exchange" "binary options" "binary trading" competition price markets market economy crash profit business investment investing pension 2015 2016 "spot price" trust "jp morgan" barclays "royal bank of scotland" london uk "united kingdom" "city of london" gold silver bullion news media entertainment swiss "offshore banking" tax interest credit loan debt "u.s. dollar" "trading platform" "gold etf" money cash "elite nwo agenda" alex jones infowars rant crazy exposed conspiracy gerald celente trends in the news jsnip4 montagraph anonymous occupy london riots bilderberg group elite mafia illuminati end game crash collapse fiat currency china russia get rich quick billionaire george soros rothchilds jim rogers marc faber rigging of the gold price in the futures market. The Federal Reserve’s agents, the bullion banks, print paper futures contracts representing many tonnes of gold and dump them them into the market during periods of light or nonexistent trading. This drives down the gold price despite rising demand for the physical metal. This manipulation is done in order to counteract the effect of the expansion of money and debt on the dollar’s exchange value. A declining dollar price of gold makes the dollar look strong. The evidence of gold price manipulation is clear. In this article we present evidence and describe the process. We conclude that ability to manipulate the gold price is disappearing as physical gold moves from New York and London to Asia, leaving the West with paper claims to gold that greatly exceed the available supply. What we are witnessing is our central bank pulling out all stops on integrity and lawfulness in order to serve a small handful of banks that financial deregulation allowed to become “too big to fail” at the expense of our economy and our currency. When the Fed runs out of gold to borrow, to rehypothecate, and to loot from ETFs, the Fed will have to abandon QE or the US dollar will collapse and with it Washington’s power to exercise hegemony over the world. Anti-globalization activists and Occupy Wall Street flunkies enjoy using gross figures (to paraphrase Carl Sagan, trilyuns and trilyuns) to cast the foreign exchange market as an enormous manifestation of financial depravity with no clear social purpose.

Comments

1. And noone is in jail... No one cares about fines ! We want people in jail picking up the soap !
2. nothing new guys
3. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore. I am using GINO SHEARER SYSTEM since 3 weeks and i am getting good profit.
4. Trading for a while some brokers cheat you out of your account doesn't matter how good of a trader you are.
5. Funny thing, regular ppl goes to jail if they dont pay a form of robbery they call ¨¨taxes¨¨.
6. This is fucked..
7. So are they going to give us this money or are they just going to take it from the banks and just give it back to them? All these guys are together in this scheme. They just report this to pretend as if they care for us.
8. And who's actually paying for the fines for these criminals ? Us the tax payer who's bailing these international bankster mafia out , when will these financial terrorists see the inside of a prison cell ? , they are defrauding the tax payer when the print money from fresh air as it is !
9. As we use the US$, we are giving them their power, they control its issuance. The Federal "US corporation" govt must do business with the banks, they create our currency by loaning it into existence. This is something most of us don't know, it isn't taught in school, its called 'fractional reserve lending' and its why Henry Ford said "there would be a rebellion before the morning" if the American people ever understood this. As long as you move through your life never knowing this, you'll never zero in on who controls what. The root of our problems, a currency produced by debt with interest to us all (national debt). Ever wonder why the Treasury doesn't just print the $ for free instead of issuing T-bonds (debt)? Psst, the banks control the govt. The fines are merely ritual, a dog & pony show.
   Your going to have fractional reserve banking whether the federal reserve is privatized or not. So, that point is mute whether banking is privatized or not. Fractional reserve banking allows money creation through lending. There is no way an economy can grow; unless the money supply grows. This is why the planet has gotten off the gold standard. Our economy is larger than our supply of metal. In the old days they shaved coins that kept getting smaller to grow economies. The Federal reserve deals with Goldman Sachs and the Treasury notes deals with J.P Morgan. The point is that the federal reserve is basically owned by individuals that also own banks. The shares in these banks are held by unnamed individuals. That is why they are above the law, and they are the law. We have laws but they can not be enforced. It's a little two faced to prosecute these guys. You can't tell the King he is breaking the law.
   If you try to prosecute their activity you will find yourself trying to prosecute the judge sitting across the bench from you. This is what Eric Holder found out.
   If you walk into a sausage factory, look at the sauage, not the mixing tank.
10. Big banks don't kust "plead guilty." They OWN everything. This is a plan. For what we don't know, but nothing, especially this big, is an accident.
11. The above mentioned should be sent to death row. Babies dying of starvation daily since 'way back when'. seeya
12. Of course! Nobody is going to serve any Anal prison time!(Maydoff?) ' We The People ' of course would have to serve time and pay. Bankers? This is why presidents,bankers,politicians,starting from today, to way back for the fake 'Wars' , fake minimum wage 'way back when' poison water and food,babies dying from starvation 'way back when'. WE THE PEOPLE just allow it ! ? Well Fukk You 'the people' cowards pussies. seeya
13. Good just a start
14. $5.7 Billion Fine = $5.7 Billion Bribe
    
    And by the way please do tell us where this large sum of money will be going to? I sure as hell don't see it being deposited in MY bank. Oh wait that's right it will go straight to the government.
    
    It is no different than fining yourself to yourself some fucking punishment that is.
15. Who gets to collect these token fines? Where does that money go? Back into the banks, of course.
16. No jail terms? What a fu@ken joke. You or I owe $100,00 tax and it's of to the big house if you default. Should be riots in the streets!
17. What a joke. I don't know how these people can keep their faces straight- especially on the MSM news when reporting such `fines'. The `fines' are just a small portion of their illegal gains and are just the Western governments' cut. Who provides these insolvent banks with the money needed to keep them afloat to carry on this major fraud with the help of QE? Western governments. Where do the Western governments get this money from via inflation (from QE) and taxes? You and I. When the crash comes, I hope all the greedy, evil scum proved to be involved are strung up.
    Bankrupt Iceland had the right idea when they threw all their corrupt bankers in jail and now have a leading economy.
18. Throw them in jail!!!! Theft is a crime and should not be allowed to pay back pennies on the dollar stolen.
    
    This new crazy AG bitch is getting paid off to let it slide and is corrupt as they come. Just like her compatriot Eric gun runner Holder who failed to jail his handlers.
    
    Corruption runs rampant globally. I'm at a point that if you can't beat em' join em'.
    
    Steal a trillion pay back 6% or 6 billion without getting locked up? Sign me up, I guess having a lot of wealth does make you above any laws.
    
    Total bullshit!!!!!!
19. Seriously, these banks were fined a total of nearly $6-billion for misconduct in a $5-TRILLION-A-DAY market?  That's not even a slap on the hand nor even a wag of the finger.  How dumb do they think we are?!!!!!!