Maguire – Shocking $2.89 Premium For Physical Silver In China
December 21, 2012
After boldly calling for a bottom in the gold and silver markets yesterday, today whistleblower Andrew Maguire told King World News that the premium for physical silver expanded to shocking and “unprecedented” levels in China. Maguire also spoke with King World News about the challenges the shorts are now facing in both the gold and silver markets.
This is the fourth in a series of interviews with Maguire lifting the curtain on what is going on behind the scenes in the gold and silver war.
Eric King: “Andrew, yesterday you were saying we had hit a bottom, and certainly the markets are acting that way with gold up around $10. Your thoughts here because I think for some people it felt like the end of the world on that (recent) price drop.”
Maguire: “Well, Eric, the difference today is number one, note that the dollar has not been under attack. So you don’t really have any government intervention (in gold) today. You’ve also got central bank buying that has come in (to the gold market) in very large size….