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Maguire: Smashdown was aimed to avert gold and silver breakout and BIS arranged it

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Published : February 23rd, 2013
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Category : GoldWire

In the second installment of King World News' interview with him today, London metal trader and silver market whistleblower Andrew Maguire describes a vast scheme of naked shorting of gold in the futures markets, asserts that the recent smashing of monetary metals prices was done to avert their upward breakout, and charges the Bank for International Settlements with coordinating the scheme. 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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