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China absorbs huge amounts of gold amid futures shorting: Maguire
1:21p ET Friday, April 12, 2013
Dear Friend of GATA and Gold:
London monetary metals trader Andrew Maguire today tells King World News that huge volumes of gold are moving to China amid the pounding of the gold price in the futures market. Maguire thinks that central bank purchases soon will overwhelm futures market shorting. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/12_Ma...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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