Forex-Rigging Fines Could Hit $41 Billion Globally: Citi

Trillions of dollars are traded daily in foreign currency exchange, equities, bond, and commodities markets.   Banks are paying up to $41 billion in fines for rigging markets (without having to admit guilt, of course).

Yet, when the clear-eyed insist that precious metals markets are manipulated, which represent less than 1% of investable assets, we're dismissed as crackpots?

Think about that for a second.  If one has enough money to buy a state gubernatorial election, doesn't it make sense that it takes much less money to rig a high school prom coronation?

http://www.bloomberg.com/news/2014-10-20/forex-rigging-fines-could-hit-41-billion-globally-citi.html

G-20 Revolt? France Gets "Positive Reception" To Challenge US Bank Fines

With friends like these, who needs enemies?  The fact is:  the US is running out of allies, and the USDollar is on its way out as the global reserve currency.

http://www.zerohedge.com/news/2014-08-03/g-20-revolt-france-gets-positive-reception-challenge-us-bank-fines