-- Published: Friday, 3 March 2017 | Print | Disqus
Highlights
Andrew Maguire, of Andrew Maguire Gold Trading a 40 year gold market veteran and whistleblower, returns with startling news on the precious metals.
Our guest examines the minutiae of the markets noting that decades of manipulation has broken the gold / silver paper markets.
As a result, the physical market is reasserting dominance over paper promises.
Analysis of the options markets suggests that the 6 major bullion banks via the BOE are locked into losing short-sale positions.
Key Point: options analysis indicates a gold fair value of $1,400 given the 92/1 paper to bullion dilution.
Within 3-6 months, a short-covering squeeze could launch the markets into orbit, culminating with $2,000+ gold.
Even if the US dollar continues to rebound from oversold conditions, the PMs will likely rally along with the Greenback as price equilibrium is reestablished.
The manipulators cannot expect another rescue from culpable policymakers by another coordinated sale of 400 tons of gold by the BOE.
A COMEX default is inevitable, which will launch the metals into the stratosphere.
Our guest warns gold / silver shorts: beware, an inevitable force majeure on the COMEX will culminate in catastrophic losses.
Andrew Maguire, of Andrew Maguire Gold Trading a 40 year gold market veteran and whistleblower, returns to the show with startling news on the precious metals (PMs) sector. Our guest examines the minutea of the markets near the quantum level - his electron microscope reveals that decades of manipulation resulted in global leverage of 92 to 1, which has broken the gold / silver paper markets. As a result, the physical market is reasserting dominance over paper promises. Analysis of the options marchers suggests that the 6 major bullion banks via the BOE are locked into losing short-sale positions. Key Point: options analysis indicates a gold fair value of $1,400 given the 92/1 paper to bullion dilution; within 3-6 months, a short-covering squeeze could launch the markets into orbit, culminating with $2,000+ gold. Even if the US dollar continues to rebound from oversold conditions, the PMs will likely rally along with the Greenback as natural forces push the price back into price equilibrium. The manipulators cannot expect to be rescued by culpable policymakers by another coordinated sale of 400 tons of gold by the BOE; inevitably the COMEX market must default, sending the metals into the stratosphere. Our guest warns of the impending historical inflection point: gold / silver shorts - beware, an inevitable force majeure on the COMEX will culminate in catastrophic losses while paper longs plead to "Get Physical."
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