The Heightened Risk Of A Gold Price Reset – Andrew Maguire
[youtube=https://www.youtube.com/watch?v=mzNx_MiRm58]
- “The Heightened Risk Of A Gold Price Reset”, by Andrew Maguire
by Turd Ferguson, https://www.tfmetalsreport.com/
Well, this is something that you’re definitely going to want to read…
OK, so, it has been a long 3-day weekend and I just got in from the road. I’m clearing out my accumulated emails and I find a note from Andy Maguire. In it, he stated that it was “about time to update everyone” but that there was more to say than just through KWN or TFMR. Therefore, he was going to make public his weekly subscriber commentary…which we’ve turned into this “guest post”.
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I’m tired and my head is spinning so even yours truly is going to need to read and re-read this post in order to get my head around all that Andy is stating here. Suffice it to say, however, that I found it so imminently important that I felt I needed to get it posted for all of you as quickly as possible. Since much of this is written in Andy’s “trader lingo”, you may be left with some questions that need clarification so I’ll try to help where I can in the comments section. However, there’s A LOT here and I strongly encourage you to read it thoroughly.
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“The Heightened Risk Of A Gold Price Reset”
by, Andrew Maguire
On Feb 6th I warned of a heightened risk of a gold price reset based upon evidence that the all-important physical markets are increasingly influencing the price setting synthetic markets at time we are experiencing extremely strong physical demand into tight immediately deliverable supplies.
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Based upon the footprints into February, I stated that there was a potential for price reset in as little as 90 Days.
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Liquidity outflows into the physical market has created a fracture between the paper & physical markets, now developing into an ‘abyss’ caused by strong physical market demand disrupting fractional reserve pricing mechanisms. Other than the slow train wreck of an unthinkable daisy chain TBTF default, there is only one solution, a paper price reset.
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read more.
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