FYI
Forex market manipulation
https://en.wikipedia.org/wiki/Libor_scandal
http://www.cfr.org/united-kingdom/understanding-libor-scandal/p28729
http://www.ft.com/indepth/libor-scandal
Conspiracy theories ,gossips exists on papers , not in lawsuits ,penalties and out of court settlements
Like I said earlier , many people still believe this is a fair world.
It is a financial jungle out there and its about trillions of dollars.
Forex market manipulation
https://en.wikipedia.org/wiki/Libor_scandal
http://www.cfr.org/united-kingdom/understanding-libor-scandal/p28729
http://www.ft.com/indepth/libor-scandal
Conspiracy theories ,gossips exists on papers , not in lawsuits ,penalties and out of court settlements
Like I said earlier , many people still believe this is a fair world.
It is a financial jungle out there and its about trillions of dollars.
My comments were very particular about forex and some truly international commodities like Gold or say Oil, where stories have written which does not makes sense in long run, yes in short term its possible to move any commodity but not infinitely as stakes are involved throughout globe and its beyond comprehension for many of us, coz what will hit you in future is beyond the reach of demand or supply side riggers.
And my conclusion is that what if scams do happen, if i go by the theories then its not safe to put money anywhere including my sbi or rbi....price discovery will be an ongoing effort in the markets, a few jerks will come coz there will be always some loopholes which will be fixed in the process.
So its not point of what one believes or not, ultimately its a demand and supply market everywhere, and as a trader we are here to exploit that, so if some scandal unearths and lawsuits happens things will always going to be settled with matching counter parties who agree to take risks and nothing can replace that, if you have any fair mechanism then please enlighten me.