On the heels of the recent takedown in the gold and silver markets, today London whistleblower and metals trader Andrew Maguire told King World News that the massive naked short selling is about to create a violent upside reversal in the gold and silver markets.
There Is A Price To Pay
May 17 (King World News) – Andrew Maguire: “Understandably, gold, and especially silver investors, are getting very frustrated with the blatant counterintuitive capping of the ‘natural flow’ of safe haven investment demand into gold and silver. This should be evidencing both gold and silver surging on the back of rising physically driven safe haven global demand. If it were not for the officially run Comex casino, this would be happening. However, ultimately there is a physical price to pay by selling undeliverable naked short futures contracts…
Gold is making its way back into the global monetary
system, to learn more CLICK HERE!
Naked Short Selling To Create Violent Upside Reversal In Gold & Silver
Andrew Maguire continues: “As we have recently been observing, there are strong competing central bank and sovereign size physical buyers ready to step in to capitalize on synthetic discounts, which is the only thing providing any form of discipline to the non-delivery Comex pricing mechanism. Ultimately, paper prices are convertible into physical and it is this unwanted competing physical demand that is forcing commercials exposed to the physical markets to buy back futures in order to hedge physical exposure. This will ultimately create a violent upside reversal. So the question is, how long can this divergent action continue?…To continue listening Maguire discuss the gold and silver takedown and what to expect next CLICK HERE OR ON THE IMAGE BELOW.
***Also just released: Fred Hickey On The Takedown In The Gold Market And Fed Comments CLICK HERE TO READ.
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