Common Sense Commentary: It was just a matter of time before this began to happen. This is just the first of many Bullion Banks that will abandon their dam destruction policies, pay fractional fines, and distance themselves from the doomed dam.
My comments to the following article are in blue.
This from Reuters News Service:
Germany's financial regulator will take no further action against Deutsche Bank over alleged interest rate rigging and precious metals price fixing, the country's largest lender said on Thursday. (The word "alleged" is such a cop-out. The evidence is in flashing red lights with sirens and has been screaming at these crooks for 30 years. So they agreed to pay a $2.5 billion fine though they aren't admitting any guilt. RB)