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Physical pricing replaces derivative pricing of gold and oil this year, Maguire says
9:42p ET Friday, January 12, 2024
Dear Friend of GATA and Gold:
This will be the year when the derivatives system of pricing gold and oil is replaced by physical pricing, London metals trader Andrew Maguire tells Shane Morand on this week's edition of Kinesis Money's "Live from the Vault" program.
Indeed, Maguire says one central bank may begin repricing gold as soon as this month.
The program is 46 minutes long and can be viewed at YouTube here:
https://www.youtube.com/watch?v=mTafCMBGuKk
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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