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from KingWorldNews:
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….
Andrew Maguire Audio Interview @ KingWorldNews.com
2013-04-13 05:45:08
Source: http:///2013/04/there-is-absolutely-no-physical-gold-for-sale/