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HSBC vault closures forcing customers to sell gold, Maguire tells KWN
7:30a TNT Wednesday, March 11, 2015
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells King World News today that HSBC's announcement that it is closing its London gold vaults -- what the bank now is calling its "retail safe-deposit facilities" -- with only 60 days' notice is forcing some customers to sell their metal. Maguire suspects that this is the bank's intent. An excerpt from his interview is posted at the KWN blog here:
http://kingworldnews.com/andrew-maguire-stunning-update-hsbc-london-gold...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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