rehypothecationIn the latest Keiser Report, Max interviews Ned Naylor Leyland of Quilter Cheviot Asset Management about the latest on the German and UK investigations into the manipulation of the gold fix.
They look at infinite rehypothecation in the London Dustbin and the exit of Bart Chilton from the CFTC as the pin-up girl for silver price manipulation.

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  1. I don’t borrow money from lending institutions.  How far we…some people have fallen when they think that it’s a good idea to take out an interest rate swap in order to secure a loan.  Perhaps the chemists should have taken economics for a year while they were undergraduates. Leyland is in between a rock and a hard place. If I were in his shoes I would tell my clients that it’s dog eat dog right now and metals prices are in a consolidation phase. No guarantees either.  load up on the phyzz

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