Merrill Lynch 

Manipulating 
Gold! 
If you have been paying attention to the metals market for any length of 
time, it becomes quite clear that there is not just manipulation going on 
but active suppression. I think it's obvious and to be expected that 
manipulation happens in every market, from something simple like a 
market maker bot to front running, it's all happening regardless of 3 
letter agencies in most markets. 

If you remember back to late last year, I shared the news that JP Morgan 
was finally being investigated after floor traders came forward and 
admitted that JPM was manipulating for at least a decade, well today my 
friends we have the next ball to drop which is Merrill Lynch getting 
caught for the same thing. 

Merrill Lynch commodities inc enters into corporate resolution and 

agrees to pay ​$25M in connection with deceptive trading practices 
executed on US commodities markets . Opps! MLCI is in full 
cooperation with the CFTC, this investigation has been going on since 
at least July 2018 by the FBI, and involves 2 precious metals traders that 
are ex-MLCI employees. 

I wonder if we are finally starting to see the shackles taken off GOLD 
and Silver and they might just have a chance to start their own natural 
price discovery within the market. Gold has had a great run the last few 
weeks, breaking out of a 5 yr channel and making new ATHs since 2013! 
As much as I pick on the Gold bug mentality, this is a huge win for such 
a huge market, remember it takes a lot more money to move the gold 
markets up that % vs what it takes in a market like bitcoin to move up in 
price. 

Here is the charts currently… 

  

Also worth noting that when something like Gold jumps up in price like 
this, it proves people aren’t confident in Fiat, at least it has literally at 
every other point in history, and it represents a bigger problem for fiat 
and bankers. It looks like for now, bulls are back in control, that mixed 
with more and more lawsuits, might just set the stage for a much bigger 
Gold pump. Central banks continue to snatch up huge amounts of Gold 
month in and month out. The Peoples Bank of China upped its gold 
reserves to 61.61 million ounces in May up 15.86 tonnes. China's central 
bank has now bought 74 tonnes of gold since the end of November. 

That's it for now! 

-Jameson Brandon 

www.EmpireResearch.net