Maguire: Desperate BIS & Fed Wage War On Gold As China Buys
January 31, 2014
Today London metals trader Andrew Maguire told King World News that an increasingly desperate BIS and Fed are accelerating their war on gold, even though The PBOC (People’s Bank of China) is aggressively buying while supposedly on holiday. He also spoke about what is going on behind the scenes in his powerful interview.
Maguire: “Eric, this is a highly volatile and leveraged paper market tail wagging the larger spot/physical market dog, and the price action has absolutely nothing to do with the very strong fundamentals….