POG

For a long time now, the POG was suspected to be manipulated.  After probes by UK and German regulators, it appears that a cartel of banks are involved.  Because of obvious pattern to the investigators, there is inferred evidence that there is major manipulation going on.  This benefits the banks and their clients.

Whether it falls or rises as a consequent, I much prefer an over the board and open system.  I am sure sooner or later, charges will laid.  There are people in the finance world, when shielded from scrutiny, who are extremely unprincipled and possibly immoral in how they make money at the expense of others.  And ruthlessly, too.