Maguire – Gold Plunge, Who’s Responsible & What’s Next?
October 1, 2013
On the heels of a plunge in the price of gold and silver, today London metals trader Andrew Maguire spoke with King World News about the takedown in gold and silver, as well as what price levels the shorts are targeting. He also told KWN who is on the buy side of this smash and what to expect going forward. Below is what Maguire had to say in this tremendous and timely interview.
Maguire: “The West is taking advantage of this one week period where the Chinese are on holiday to smash the price of gold. This one week Chinese holiday just started today. But this decline is setting up a huge amount of buying. The Asians are buying physical gold like crazy into this takedown….