On the heels of the gold market assaulting the key $1,250 level, today whistleblower Andrew Maguire spoke with King World News about what is going to rock the gold market and shock the world.
India Underpinning Gold Price
Andrew Magiure: “From a wholesale market perspective, we are observing that Asian and Middle Eastern wholesale demand remains strong. Dips are being bought as we head into strong options related defense at $1,250 gold and $18.00 sliver. Options expire on Tuesday. However, Indian demand remains steady at current prices, which is important as we move into the auspicious gold buying festivals and marriage season. I think this wholesale demand stays very strong at a minimum into the $1,250’s before it is reassessed. This will serve to underpin the gold price…
In Volatile Markets, Is Wealth Preservation King?
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Sovereign & Central Bank Buyers Know The Paper Game
Competing CB and sovereign buyers know how to game the paper centric events such as options expiry next week, where they also know that officials and insider commercial bullion banks are forced to defend billions of dollars worth of accrued naked short derivative bets. This is when sovereigns who are seeking large tonnage buy. The resulting physical outflows provide observable clues that there is stress in the paper markets — a growing bifurcation between the paper price and the physical price.
Signals Point To $150+ Surge In Gold Price
Embedded backwardations along with a rising cobasis are telegraphing a ‘fair value’ for gold some $150+ higher than the paper futures centric derived price.
Astronomical Leverage In Paper Gold Markets
As I recently noted, the unadjusted cobasis is calculated on a 92/1 fractional reserve dilutive price, which does not even factor in the billions of dollars worth of offside dilutive derivative positions that could easily be extrapolated to an astronomical more than 500/1 leverage.
This Will Rock The Gold Market And Shock The World
The real price of physical gold is unknown, but under the radar is being established outside of the LOCO London legacy system. And as this liquidity continues to flow out of the paper markets, the fair value becomes even more bifurcated and inaccurate until we reach a tipping point where the physically derived cobasis will jump hundreds of dollars higher as a price reset is forced. This will rock the gold market and shock the world. Only at this point will we see who wants to carry or de-carry gold in size at a true physically-driven supply/demand price.”…To be one of the first people in the world to look at what the biggest money and sovereigns across the globe will use to maximize their investing returns CLICK HERE.
***KWN has just released the extraordinary audio interview with legend Rob Arnott and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: John Hathaway – China To Radically Reprice Gold Higher In 2017 As Demise Of The Comex & LBMA Accelerates CLICK HERE.
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