- The bullion banksters can shake the confidence of the sheeple to dampen demand and also make a lot of them sell out. But they cannot destroy the demand of the Eastern Central Banks. The Chinese, Russians … are smiling all the way to the bullion warehouses. Great quantities of physical gold/silver are being acquired by them.
- What will the bullion banksters do next? The logical move is a revaluation of the gold price sharply higher, anywhere between $5000 -$10,000/oz by the US treasury. The LBMA and Crimex will then announce a force majeure. The bullion banksters will be able to get out of their remaining shorts at last transacted price and not made to deliver physical bullion! It is quite obvious that the bullion banksters are playing a duplicitous game: selling down using paper gold/silver and accumulating great quantities of physical gold/silver!
Maguire – LBMA Default Triggered Gold & Silver Takedown!
With massive selling once again in the gold and silver markets, today whistleblower Andrew Maguire told King World News the reason for the recent takedown in gold and silver was because of an imminent LBMA default. Here is what Maguire had to say in part II of this remarkable and exclusive interview.
Maguire: “Gold and silver only have this type of selling when there are extreme shortages of the physical metal. I am totally aware that before this takedown occurred there was an imminent LBMA default. We had already seen COMEX inventories plunging. In 90 days COMEX inventories saw an incredible decline. So immediately available physical gold was disappearing. People around the world don’t understand what has been happening since Cyprus….