Maguire – Gold Deliveries Into China Soar To 1,000 Tons
April 22, 2013
On the heels of his appearance in the extraordinary CBC production titled, “The Secrets of Gold,” today whistleblower Andrew Maguire spoke with King World News about the incredible action which continues to take place in both the gold and silver markets. Maguire also told KWN about the staggering amount of physical gold tonnage that Eastern central banks continue to buy each day in London, in a market that, remarkably, is not seeing any supply. Below is what Maguire had to say in part I of his remarkable and exclusive interview.
Eric King: “Andrew, I’m going to quote you here, ‘If gold were to trade into the low $1,300s, it would be unsustainable for very long.’ That turned out to to be exactly what we saw (in the gold market). Gold drifted into the low $1,300s, it turned around and we haven’t seen that again.”
Maguire: “The reason I was able to make that call is because I saw the huge amount of actual physical (buying) coming through for allocation. Obviously that flies under the radar for paper-centric traders….