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Maguire discounts gold confiscation, says bitcoin threat to dollar grows
8:54p ET Friday, February 23, 2024
Dear Friend of GATA and Gold:
On this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire tells host Shane Morand that any attempt by the U.S. government to confiscate gold would collapse bullion banks and cause an explosive rise in the monetary metal's price.
Maguire adds that there seems to be a big shift of investment from gold exchange-traded funds into bitcoin ETFs and that bitcoin is becoming as much a threat to the dollar as gold is.
The program is 39 minutes long and can be viewed at YouTube here:
https://www.youtube.com/watch?v=QcPH4HgLyuo
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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