You are here

Gold set for violent spike up, Maguire tells KWN

Section: Daily Dispatches

2:47p ET Friday, August 3, 2018

Dear Friend of GATA and Gold:

Now that there is a record short position in gold futures by speculators, "a huge move higher" in gold is near, London metals trader Andrew Maguire tells King World News today.

China, Maguire adds, has been playing the gold market with its usual cleverness, using paper gold to knock prices down while buying real metal with devalued yuan. Contrary to suggestions from the World Gold Council, China's gold demand this year has been strong, Maguire says.

Maguire's comments are headlined "Andrew Maguire -- Gold Market Set to Spike Violently Higher, Crushing Hedge Fund Shorts" and it's excerpted at KWN here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


Juggernaut Commences Inaugural Drill Campaign on Its Empire Property

Company Announcement
via Globe Newswire
Tuesday, July 31, 2018

VANCOUVER, British Columbia, Canada -- Juggernaut Exploration Ltd. (JUGR.V) is pleased to report it has commenced diamond drilling and IP programs on its Empire property, 40 kilometers northeast of Terrace, British Columbia.

Program highlights:

-- Inaugural drill program started on Empire at the MaxMin zone.

-- 2018 IP survey at Big One identifies significant chargeability anomaly in the subsurface coincident with the airborne EM anomaly.

-- New Jay-Bear zone discovered on Empire that is situated on regional northwest trending geophysically indicated structure.

Diamond drilling will commence August 7 on Midas. ...

... For the remainder of the announcement:

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

To contribute to GATA, please visit: