Do you think the gold market can be rigged? To your surprise, gold market can still be rigged. In a recent article published on CNN, it is reported that a gold trader Daniel Plunkett infact tried to use Barclays internal system to rig the gold market and did succeed. But then the regulatory authorities got wind of it and the transaction was reversed on a complaint and the bank was fined. Read the whole article: The Guy Who Tried To Rig The Gold Market And Cost His Bank $44 Million!
After reading this article, you should have a clear idea that markets can be rigged! Now if you are interested in trading gold, we highly recommend that you should take a look at Omar’s Triple Threat Gold Trading Strategy by taking Forex Mentor PRO Program’s 7 days trial for $1. Omar Eltoukhly is a mentor at Forex Mentor PRO.