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Except for Fed, central banks prepare for gold revaluation, Maguire says

Section: Daily Dispatches

9a ET Saturday, May 20, 2023

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire, speaking with Shane Morand on this week's "Live from the Vault" program from Kinesis Money, says central banks, excepting the Federal Reserve, are positioning themselves for an upward revaluation of gold, that the price for physical gold in China is already substantially higher than the nominal price in the West, and that suppression of gold prices on the New York Commodities Exchange is being exploited to drain gold out of London.

The program is 43 minutes long and can be viewed at YouTube here:

https://www.youtube.com/watch?v=V6wd-GuRcz4

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


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