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In the second installment of his interview with King
World News today, London metals trader and silver market whistleblower Andrew
Maguire says the recent overwhelming selling in gold is likely coming out of
the Bank for International Settlements at the behest of the U.S. government,
not, as some rumors would have it, out of hedge fund managers like John
Paulson. The seller, Maguire says, is "not somebody seeking the best
price."
That the BIS trades in gold and gold derivatives on
behalf of its member central banks is a matter of public record, verifiable
in the BIS' annual reports, other BIS documents, and press profiles over the
years, such as are cited here:
http://www.gata.org/node/11622
http://www.gata.org/node/11502
http://www.gata.org/node/11990
But GATA will pay a thousand ever-depreciating
dollars to anyone who can find a mainstream financial journalist who will
bother to telephone the BIS, ask for an account of what it has been doing in
the gold market this month, and report the bank's answer -- or, rather, its
snickering refusal to answer.
An excerpt from the new installment of Maguire's
interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_Da...2012/12/20_W...
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