In Major Watershed For Gold And Silver Traders, Manipulation Suits Against Fixing Banks Will Proceed

``This means that a US Federal Court has found that a lawsuit - the first of its kind - has merit and will now proceed to rule on the following claims versus HSBC and Bank of Nova Scotia: (1) employment of a manipulative device claims, (2) bid-rigging, and unjust enrichment, (3) price fixing and unlawful restraint, (4) price manipulation claims, (5) aiding and abetting and principal-agent claims. And so the discovery process begins, which will expose just how much market manipulation takes place in the silver (initially as there is a parallel lawsuit taking place with regard to gold) market by major banks. '' -- The silver suit is the one that Deutsche Bank already settled...