Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Whistleblower - Gold & Silver Smash Orchestrated By The BIS

IMG Auteur
Published : February 23rd, 2013
223 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : GoldWire

Today whistleblower Andrew Maguire told King World News that that the Bank for International Settlements (BIS) orchestrated this latest takedown in gold and silver.

Maguire also stated there is now a major dislocation in the gold and silver markets that is about to blow up.  This is the second in a series of interviews with Maguire lifting the curtain on what is going on behind the scenes in the ongoing gold and silver war which continues to rage.  Below is Part II of Maguire’s extraordinary interview.

</frame>
Whistleblower Andrew Maguire: “The gold and silver markets have become virtual markets.  There is no physical aspect, essentially, to the way they trade on an intraday basis.  Extremely large volumes of synthetic supply are just created and exchanged.  That’s primarily through the bullion banks, which also have exposure to the physical market, and the managed money and the specs. 

So when you look at the COMEX, it’s not a delivery market.  It’s actually no more than a casino.  The price of real physical gold in the actual world markets is, by default, set at the margin because of this incredible leverage.  It bears absolutely no relationship to the real, unleveraged supply/demand fundamentals.

But here is what we are actually witnessing now:  This dislocation is about to blow up....

Continue reading the interview with whistleblower Andrew Maguire...Read more...
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
All the stuff you don't want to know about, but should. And, when you do know, you realize that for the present you are powerless to change it This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, send an e-mail to the author with 'SUBSCRIBE' in the subject line.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
“That War You Ordered….”
19 Febscipionasica2
How splendid to read a clear and lucid article. I am a British citizen living in France and I confirm to you that the illogical nonsense fed to yo...
Alan Greenspan renews gold advocacy, Part 1
18 Febstinger
STFU Greenspan, shut your lie-hole already. When you had a chance to make a difference you sold us out. Nobody gives a chit about...
“That War You Ordered….”
18 Febcomptel
Very good article, except for the unneeded bad language!
Trump Fan John Paulson Cuts GLD Gold Investment as Inflation Hits 5...
15 FebChrisR13
Paulson still owns 4.3 million shares but don't forget GLD allows its biggest holders to redeem for the underlying physical gold but everyone else ...
Yet Another Wall Street 'Witch's Brew'
15 FebDRGEORGE0
I'm not an American but if I had a vote I probably would have voted for DT as the alternative was much worse. My biggest concern about DTs policies...
Left Behind
13 FebJ.1
Perhaps Secretary DeVos's primary purpose will be to dismantle the Dept. of Education. Woo Hoo! Stop wasting money on ineffective education that ...
Amazon Plans Robotic Supermarket Staffed by 3; Chinese Factory Elim...
13 FebDRGEORGE1
200 years later, the spirit of Ned Ludd lives on - except sam_site doesn't want to smash the machines - he just pretends they aren't there!
Is a Global Wide Cash Ban Coming?
10 Febsam_site
The war on cash is the the result of the 2008 massive redemptions of bank CDs as the herd panicked for the exits and cashed out. That's the real r...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS