Whistleblower – Gold & Silver Smash Orchestrated By The BIS
February 22, 2013
Today whistleblower Andrew Maguire told King World News that that the Bank for International Settlements (BIS) orchestrated this latest takedown in gold and silver. Maguire also stated there is now a major dislocation in the gold and silver markets that is about to blow up. This is the second in a series of interviews with Maguire lifting the curtain on what is going on behind the scenes in the ongoing gold and silver war which continues to rage. Below is Part II of Maguire’s extraordinary interview.
Whistleblower Andrew Maguire: “The gold and silver markets have become virtual markets. There is no physical aspect, essentially, to the way they trade on an intraday basis. Extremely large volumes of synthetic supply are just created and exchanged. That’s primarily through the bullion banks, which also have exposure to the physical market, and the managed money and the specs.
So when you look at the COMEX, it’s not a delivery market. It’s actually no more than a casino. The price of real physical gold in the actual world markets is, by default, set at the margin because of this incredible leverage. It bears absolutely no relationship to the real, unleveraged supply/demand fundamentals.
But here is what we are actually witnessing now: This dislocation is about to blow up….