Today whistleblower and London metals trader Andrew Maguire told King World News that the recent short selling of gold and silver was done by central banks in order to avoid another Lehman moment.
Massive Derivative Exposure Sufficient To Bankrupt Major Banks
Andrew Maguire: “The massive derivative exposure is sufficient to bankrupt the (major) banks. The underlying physical underpinning these paper-driven markets (in gold and silver) is evaporating….
Continue reading the Andrew Maguire interview below…
Short Selling Of Gold And Silver Was Done To Avoid Another Lehman Moment
“And the central planners are playing a dangerous game. So this 'official' (central bank) investment to short sell gold and silver was a desperation measure to try to delay another Lehman moment.
And this time, with Deutsche Bank exposed to $75 trillion of over-the-counter derivative bets, these (derivatives) are intertwined with a daisy chain of connected insolvent banks and this is a serious risk to global stability and largely unreported by the mainstream media.
Large Quantities Of Physical Gold No Longer Available
No wonder we saw this official investment in capping gold. But the physical is not available in any size at these levels and the central banks have nothing (no available physical gold) to flywheel (this suppression) any longer.” ***KWN has now released the extraordinary audio interview with Andrew Maguire, where he discusses the gold and silver takedown, why the silver market is poised to skyrocket, the astonishing moves in the gold market by the bullion banks and much more and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***KWN has now released the incredible interview with the top trends forecaster in the world, Gerald Celente, where he discusses why the global panic is on, what surprises to expect and how it will impact major markets, including gold and silver, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: The Greatest Fairy Tale Is Becoming A Nightmare That Will End In Total Collapse CLICK HERE.
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The audio interviews with Gerald Celente, Andrew Maguire, Michael Pento, Dr. Paul Craig Roberts, Rick Rule, Nomi Prins, Bill Fleckenstein, Stephen Leeb, Eric Sprott, Robert Arnott, David Stockman, Chris Powell, John Mauldin, Egon von Greyerz, Dr. Philippa Malmgren, Marc Faber, Felix Zulauf, John Embry and Rick Santelli are available now and you can listen to them by CLICKING HERE.