investigation from the department of justice but the biggest oldest 1000000000 bank in the world is scotiabank and they've just been fined $127000000.00 for manipulating gold prices 3 spoofing this is on top of a $100000000.00 that they were already fine like one or 2 years ago and then they failed to disclose some information in that settlement so they see f.t.c. and the department of justice are fining them some more a 127000000 but again this is something that kaiser report has had right where the major you know mainstream media has wrong where they say it's a total conspiracy theory to think that prices can be manipulated because for every buyer there's a seller right now that's clear i hope by now that these gold prices in markets all over the world are manipulated using in this case they highlight spoofing you know putting in fake orders to nudge the price up and down that but there's 20 different ways you can manipulate prices and we've talked about it before you know the world is on a gold standard it's been on the gold standard for a 1000 years central banks are on a gold standard whe

it in the sector ok let's talk about scotiabank because you cover the sector quite you know they've been 527000000 on top of the 800000000 they already paid for manipulating precious metals markets who's going to back what they have a story to tell you correct yeah max i mean scotia banks one of the largest bullion banks and to see them now not only being fined but actually moving out of the business is part of the trend you know that i think you're seeing the profitability of being a bully and bank is falling off and now you've got your compliance department breathing down your neck as well you know what are you doing here you know in your cost us money and hurt our reputation so the big news is that this is driving scotia out of the business of may drive more oil and banks other business and it backs we may finally get that sea change you would have been open for for the last decade finally get this pricing system to change so it's good news is the scotiabank. get slapped like that all right greg hampikian battle for part thanks for being on the kaiser report hey thanks max always a pl

to the ice after scotiabank arena, the boston bruins the best defensive team in the regular season off a five-game series win with carolina facing the tampa bay lightning, the best offensive team in the regu

investigation from the department of justice but the biggest oldest 1000000000 bank in the world is scotiabank and they've just been fined $127000000.00 for manipulating gold prices 3 spoofing this is on top of a $100000000.00 that they were already fine like one or 2 years ago and then they failed to disclose some information in that settlement so the c. f.t.c. and the department of justice are fining them some more 127000000 but again this is something that ties report has had right where the major you know mainstream media has wrong where they say it's a total conspiracy theory to think that price.