Why Are These Major Banks Involved in This Scandal And What Does It Mean For You?

On another bit of news that you won’t likely ever hear in the “mainstream” media, several of the largest banks in the world, including the Bank of England, have been implicated in the Forex trading scandals for trading with insider information.

Now, what makes this especially disturbing is that Forex markets, being a currency trading market are relatively unregulated, so they should be a place where currencies can reset to their actual value.

But, no. Now we have evidence of insider trading in these markets, providing yet another reason for you to maintain a placeholder of value outside of a banking system.

Gold and silver are, obviously, ideal for this in that, in a crisis situation, they will return to their actual value in your ability to buy food and gasoline and resist the impact of inflation to maintain your wealth.

If you haven’t started to diversity into gold and silver and other precious metals, now is an ideal time to do so.

  • barbarakelly

    Is the US bankers doing this to our money. Is this what will start the slide down the slippery slop to total depression.

    • Ricarrdo estavans

      The Federal Reserve Bank and the rest of the worlds central bankers are owned by the same families. They are worse and more corrupt, have more murders under their belts, than the drug cartels. Come to think of it they probably fund the drug cartels.

      • shamu9

        The Rothschilds! A Pox on the House Of Rothschild.

    • IAMROSE

      Yep

  • Ricarrdo estavans

    Gee golly wiz. You mean the worlds central banking owners are corrupt and manipulate the money. When did that start. Suffer the fools. Abolish the world banks. Hang the owners.

  • grunion

    Ho hum, time for ya’ll to get some current news of which we are not already well aware.

  • Vincenta

    How do you purchase a loaf of bread with a $20 gold coin worth $5000? Assuming the cost is hypothetically $10. How does the store owner make change and what currency will be used?