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Home>GoldWire>Maguire describes today's attack on gold as sudden intervention by BIS

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Maguire describes today's attack on gold as sudden intervention by BIS

IMG Auteur

Chris Powell

GATA

Published : November 01st, 2014

65 words - Reading time : less than a minute

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FOLLOW : Andrew Maguire Bank Of International Settlements Central Bank Gold London Market Paper Gold

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Category : GoldWire


	Today's attack on gold, London trader Andrew Maguire tells King World News, began at 7 a.m. London time with a single seller dumping as much as 50 tonnes of paper gold in several minutes to run the stops in the futures market, almost certainly a central bank intervention, likely by the Bank for International Settlements. Maguire's interview is excerpted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_Da...2014/10/31_M...

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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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