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China uses paper gold smashes to drain London market, Maguire says
8:35a PT Saturday, November 2, 2013
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells King World News that the London gold market is in danger of default because of Chinese purchases of real metal when the Federal Reserve and its bullion bank agents smash the price of paper gold. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/11/1_Ma...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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