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Maguire – There Is Absolutely No Physical Gold For Sale

Posted April 12th, 2013 by Eric King & filed under King World News.

Dear CIGAs,

On the heels of a cascade of selling in gold and silver, today whistleblower Andrew Maguire spoke with King World News about the extraordinary intervention which took place in both of these markets. Maguire also told KWN about the staggering amount of physical gold tonnage that Eastern central banks were attempting to buy today alone, in a market that, remarkably, is not seeing any supply. Below is what Maguire had to say in part II of his powerful and exclusive interview.

Maguire: “It’s pure short selling in the paper market, and the focus of all of this all is to reach and target as many long-stops as possible which they have done this afternoon. Then they can obviously cover these paper short sales.

Historically, in order to succeed when the official sellers have come in, they have relied on being able to back up the paper market interventions with real physical supply, albeit, hypothecated or re-hypothecated, borrowed or leased bullion…

Click here to read the full interview on KingWorldNews.com

Posted April 12th, 2013 by Eric King & filed under King World News.

Dear CIGAs,

Today a former Assistant Secretary of the US Treasury told King World News that the smash in gold and silver today was entirely orchestrated by the Federal Reserve. Former Assistant of the US Treasury, Dr. Paul Craig Roberts, also warned KWN that stocks of available physical gold are “rapidly declining.” Below is what Dr. Roberts had to say in this extraordinary and exclusive interview.

Eric King: “Dr. Roberts, we have this smash on gold and silver today. Gold down $75 at one point and silver was down $1.75, your thoughts here?”

Dr. Roberts: “This is an orchestration (the smash in gold). It’s been going on now from the beginning of April. Brokerage houses told their individual clients the word was out that hedge funds and institutional investors were going to be dumping gold and that they should get out in advance.

Then, a couple of days ago, Goldman Sachs announced there would be further departures from gold. So what they are trying to do is scare the individual investor out of bullion. Clearly there is something desperate going on….

Click here to read the full interview on KingWorldNews.com

Posted April 12th, 2013 by Jim Sinclair & filed under King World News.

Dear CIGAs,

Whistleblower Andrew Maguire told King World News that more than a stunning 500 tons of paper gold has been sold in today’s takedown in the gold market. Maguire also spoke to KWN about the staggering Chinese physical gold purchases. Below is what Maguire had to say in this remarkable and exclusive interview.

Eric King: “How much paper gold was sold to take this market down, and how much tonnage have the Chinese and others been taking out of the physical market?”

Maguire: “Just since the cross (today) of $1,550 into the (London) fix and the breach of $1,500, we are now looking at in excess of 500 tons of paper gold that’s been sold….

Click here to read the full interview on KingWorldNews.com

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