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Central banks continue orderly buying of gold in anticipation of BRICs move, Maguire says
10:24p ET Friday, August 23, 2024
Dear Friend of GATA and Gold:
Central banks continue to purchase gold in an orderly way, waiting for the occasional U.S. Federal Reserve-instigated price smashes to load up in anticipation of a formal remonetization of the monetary metal by the BRICs group in October, London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program.
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Analyzing an intricate gold price chart, Maguire shows that price dips lately have been shallow and have been bought, and he expects that to continue.
The program is 48 minutes long and can be seen at the Kinesis Money channel at YouTube here:
https://www.youtube.com/watch?v=Apbcw0IQVpQ
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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