Just so you don’t forget that it is up to no good, Goldman Sachs has made the headlines again today. Not content with making millions from betting on food prices, it has come under investigation for pushing the price of metal above its fundamental value.
(photo credit: Rocor)
The physical metal market is prone to manipulation because, like the commodity futures market, it is overseen by a light-touch regulatory approach. This allows big players like Goldman the freedom to make money without fear of accountability.
Consumers are suffering across the world because of the lack of regulation in our financial system. Here’s one way you can take action.