Hi Greg, thanks for the latest update. I believe that the Fed wants to see the dollar fall so I am not suprised to it falling day after day. All of the major powers are in a currency war as described by economist Jim Rickards in his book of the same name.

As for market rigging. Again no surprises there. In April 2016 Deutsche Bank, one of the world's largest banks, admitted in a US court that it has been rigging the silver price in collusion with several other too big to fail banks such as HSBC. Yet in 2013 the CFTC closed a 5 year investigation concluding that there was no evidence of precious metals rigging!

The price manipulation in the bitcoin/crypto markets s becoming more and more obvious and is worrying for those of us who are ordinary investors.

David Belle of the Daily Reckoning daily newsletter wrote a fascinating article yesterday noting that,''algorithms run crypto markets - I’m adamant on that.'' He went onto explain that:

''The algorithm strategy has been to sell the monthly/weekly resistance pivot point and buy back at the first or second weekly support pivot, with a market making algorithm running in between these ranges.''

This has the effect of shaking out the average crypto trader as you have pointed out many times.

Many believe that crypto markets are dominated by small traders but as David Belle has observed it is dominated by large whales. (e.g. 97% of bitcoin is controlled by 4% of the wallets) who manipulate the market to their advantage.

Until the bond and stock markets collapse then I do not believe that we will see an end to this price manipulation of precious metals and the crypto market.