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At KWN, Maguire cites 'permanent' backwardation, repatriation delays
3p ET Friday, August 28, 2015
Dear Friend of GATA and Gold:
Interviewed today by King World News, London metals trader Andrew Maguire describes increasing strains in the gold banking system, including "permanent" backwardation and delays in gold repatriations. Maguire's interview is excerpted at the KWN blog here:
http://kingworldnews.com/andrew-maguire-warns-recent-chaos-is-a-prelude-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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