Maguire – This Key Level To Trigger Huge Central Bank Buying
May 18, 2013
Whistleblower Andrew Maguire alerted King World News to a key level in the price of gold that will trigger massive central bank buying. Maguire, who recently appeared in the extraordinary CBC production titled, “The Secret World of Gold,” also discussed a large sovereign order that was filled on Friday’s decline and whether or not gold has seen a bottom. Here is what Maguire had to say in part three of his extraordinary written interview series.
Maguire: “We had a large sovereign order in the market at $1,380 (area). That was definitely filled today (Friday). What we have today is an even more stretched managed money position holding the bag.
This physical tonnage that is disappearing will have an affect on the paper market, and I think it’s going to have an affect fairly soon….