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Andrew Maguire – Sovereigns Aggressively Buying As Massive Tonnage Of Paper Gold Liquidated In Minutes!

Today London metals trader Andrew Maguire spoke with King World News about stunning developments in the gold market and what the massive sovereign buyers are doing in the physical market as well as what the commercials and hot money are doing in the paper market. Below is what Maguire had to say as the war in the gold market continues to rage.

Marc Faber – Governments To Seize People’s Gold

While the world continues to watch the dramatic Greek crisis unfold as well as the increased fighting in Ukraine, today legendary Marc Faber warned King World News that governments are going to seize people’s gold. Faber also described exactly why governments are going to seize the gold from private holders.