Article Image
News Link • Gold and Silver

Hong Kong Exchange to Buy London Metal Exchange for $2.1 Billion

• New York Times
But actually, I don't see JPMorgan and GoldmanSachs agreeing to the sale, since they own 20% of the exchange. Without their influence there, after having sold it to the Chinese, how would they still effect their manipulations? And what manipulations might the Chinese now do? Or, perhaps, having prepared for this and secured their positions and assets, JPM and GS allow the exchange to be sold so the prices can correct upward where they should be, and they profit from it, all while being able to say to the ignorant public, "We sold the exchange and could not manipulate the price, we benefited fairly." Hmmmmm. 

Join us on our Social Networks:


Share this page with your friends on your favorite social network: