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Eric King:  “Andrew, has there been a lot of tonnage of gold taken out of the market on this recent weakness?”


Maguire:  “Yes, absolutely....


Continue reading the Andrew Maguire interview below...  




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UPDATE: To hear the man with over 40 years of experience in the resource

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the current financial storm click on the logo:






“I know that the wholesale markets are very strong.  And I can say that (in the month of) October, we are still evidencing 180 to 185 tons (of gold) a month coming out of Shanghai.  So that’s very, very strong.


Obviously when you get price discounts like this, wholesale demand rapidly increases.  I think that we would see sovereign and central bank demand certainly coming in in the low $1,300s here -- anticipating that this might be a possible bottom.


If there was any breach of $1,300, it would be short-lived.  As we’ve discussed before, central bank and sovereign buying ramps up exponentially once we ever cross that line.”


IMPORTANT - KWN will be releasing interviews all day today, and Andrew Maguire’s remarkable audio interview is available now and you can listen to it by CLICKING HERE.


Andrew Maguire’s trading service has returned over a staggering $134,000 for each and every (single) contract traded in the gold and silver markets over the past 16 months.  For those who would like to get more information on Maguire’s incredible trading service and to sign up you can do so by CLICKING HERE.


© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.


The audio interviews with Andrew Maguire, William Kaye, Gerald Celente, Dr. Paul Craig Roberts, Michael Pento, Eric Sprott, Grant Williams, Rob Arnott, Art Cashin, Bill Fleckenstein, David Stockman and Jim Grant are available now. Other recent KWN interviews include Marc Faber and Felix Zulauf to listen CLICKING HERE.


Eric King

KingWorldNews.com

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