Today renowned silver market whistleblower Andrew Maguire spoke with King World News about the state of the physical gold market and said that several billion dollars of paper selling from government agents was used to smash the gold price yesterday.
Here is what whistleblower Maguire had to say: “Gold is actually a currency, and it’s (the gold market is) intervened (in) by the government agents, which are the bullion banks. Yesterday, clearly they (the bullion banks) sold gold in defense of the dollar.”
Maguire continues:
“Keep in mind that $3.5
billion of paper gold was actually cleared in London yesterday. This
selling was coordinated by the same bullion banks that are also active
in the Comex. At the same time, they are rigging enough of a decline to
cover shorts into capitulating longs on the Comex market.
But the Eastern central
banks are simply sitting back and allowing this defense of the dollar to
occur. They know what’s going on....
