GOLD 0.51% $1,391.7 gold futures

"Gold Takedown Charade Is About To Backfire"

  1. 24,765 Posts.
    Andrew Maguire – This Gold Takedown Charade Is About To Backfire Violently On Western Central Banks

    Andrew Maguire: “Looking at the physical flows and the aggressive commercial short covering into leveraged specs in the Comex casino, the gold and silver prices will rise quickly once China returns on Sunday night/Monday morning. Monday is also a U.S. holiday so we could expect some fireworks…

    With China, the single largest global gold buyer absent, it was clearly not the time for a legitimate seller to obtain the best price to sell gold in size. It is patently clear that this was a directional, officially orchestrated selloff, instigated with no legitimate sell trigger of any sort, and designed to catch the market off guard.

    Full read at http://kingworldnews.com/andrew-mag...-backfire-violently-on-western-central-banks/
 
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