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« The Golden Cross For Gold Is Not Always A Positive Indicator | Main | Goldman sees gold price falling 20% by year-end »
Saturday
Mar222014

Maguire - Goldman & Media Full Of Shit When It Comes To Gold

Today the man who was the original London metals market whistleblower takes King World News readers on a trip down the rabbit hole of propaganda and outright lies made to the public which are emanating from the mainstream media, Goldman Sachs, and other major banking institutions.  Below is what London metals trader Andrew Maguire had to say in Part II of a powerful series of interviews that have now been released.

Maguire:  The slow, steady backfilling conditions in gold make it really difficult for the Fed to halt gold’s rise.  And it really forces the bullion banks, who act on their (the Fed’s) behalf to retrench higher, not lower as they would wish.  

The banks are not going to throw physical (gold) into the market to depress prices because they don’t have any.  They are too busy trying to source immediately deliverable bullion to meet the existing delivery requests....


To continue reading the Andrew Maguire interview please click here 

The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal?

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