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Gold short position has been transferred to weak hands, Maguire tells King World News

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Published : February 24th, 2013
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Category : GoldWire

London metals trader and silver market whistleblower Andrew Maguire tells King World News today, in the third segment of his interview, that bullion banks have managed to offload much of their gold short position to weak hands, that premiums for real gold in Shanghai are enormous, and that he expects a rapid upward reversal in the gold market. An excerpt from the interview is posted at the King World News blog here:

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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