'Gold-Fix Cartel': How Western Banks Were Caught With Pants Down

It has turned out that Germany's Deutsche Bank AG and other Western financial institutions have been up to their eyeballs in gold and silver price manipulation for years; experts believe that in the light of this China's Shanghai Gold Market will take on a new significance for investors.

Deutsche Bank AG, the Bank of Nova Scotia, Barclays, HSBC, Societe Generale, UBS AG and other reputable Western banks have recently been accused of manipulating gold and silver prices, futures, options and other derivatives for years.

'Gold-Fix Cartel': How Western Banks Were Caught With Pants Down