June 17, 2016
On the heels of the chaos in England related to Brexit, today whistleblower and London metals trader Andrew Maguire told King World News that a massive stampede into gold is taking place as the elites have now visibly lost control of the system.
But first, below is a chart showing the price of gold (as reflected through the ETF GLD), after Andrew Maguire’s remarkable KWN interview just 14 days ago:
Continue reading the Andrew Maguire interview below…
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Andrew Maguire continues: “As the physical gold market and the spot markets draw in fresh interest, it makes it increasingly difficult for the usual price riggers to have free reign on the Comex and the over-the-counter markets. This is because their usual price suppression schemes are becoming very expensive in terms of depleting the rapidly thinning immediately deliverable gold supplies, which are literally evaporating in the West and heading to the East.
Stampede Into Gold As Elite Lose Control
The wholesale view of the gold market is bullish, and I continue to evidence increasingly large underpinning physical demand. This is not just related to Brexit. Right now I see long-term money flowing into both allocated and unallocated gold. But unlike Comex-centric actors, these are investment flows and they are price insensitive — accruing gold in large size, without stops.