On the heels of a big dollar decline and surge in the price of gold and silver, today whistleblower and London metals trader Andrew Maguire told King World News that China has just put a huge floor under the gold market!
But first, below is a chart showing the price of gold (as reflected through the ETF GLD), after Andrew Maguire’s remarkable KWN interview just 5 days ago:
Andrew Maguire: “China now has gold investors’ backs. As a key part of its plan, China is building up gold reserves both by way of direct, unreported PBOC (People’s Bank of China) purchases, and much more importantly, openly encouraging citizens to build up their gold investments…
Continue reading the Andrew Maguire interview below…
Andrew Maguire continues: “I drew attention to a new push by Chinese officials a few weeks back after a contact alerted me to prime time television ads being run in China where the PBOC was openly encouraging its citizens to buy gold. This is no coincidence (Laughter). And those ads by the PBOC have been running ever since then.
This gold accumulation push is part of a well structured plan by China that will protect its citizens against the inevitable global currency fallout. China is stealthily winning a financial war against the short-term thinking West.
China Just Put A Huge Floor Under The Gold Market
And after openly encouraging Chinese citizens to buy gold, the PBOC will not let the price of gold fall in any significant way. This will impact the U.S. dollar price. China openly encouraging gold buying also suggests they are getting close to announcing their true gold reserves, which are currently aggregated (and concealed) among several state-owned banks and therefore not previously reported as reserves…To continue listening to Andrew Maguire’s remarkable KWN audio interview that has now been released CLICK HERE OR ON THE IMAGE BELOW.
Also, to sign-up for Andrew Maguire’s incredible gold and silver trading service, which is less than the cost of a Starbuck’s cup of coffee each day, CLICK HERE or email King World News for more information.
***Also just released: Andrew Maguire – Gold Soaring As A Staggering 340 Tonnes Of Gold Was Just Flushed Out Of The Market! CLICK HERE.
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