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Gold derivative markets are being overwhelmed, Maguire tells KWN
3:24p ET Friday, March 4, 2016
Dear Friend of GATA and Gold:
The Western gold derivative markets are being overwhelmed by institutional money seeking safety in real metal and by the migration of the gold business to Asia, London metals trader Andrew Maguire tells King World News today. "The synthetic gold markets," Maguire says, are "giving way to a fundamentally driven global physical market, and fundamentals dictate much higher prices to come." An excerpt from the interview is posted at KWN here:
http://kingworldnews.com/alert-andrew-maguire-western-central-planners-h...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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