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Disconnect between metal futures and physical is now extreme, Maguire reports

Section: Daily Dispatches

1:15p ET Thursday, December 20, 2012

Dear Friend of GATA and Gold:

Silver market trader and whistleblower Andrew Maguire today tells King World News that the disconnect between the gold and silver futures markets and the physical markets has reached an extreme rarely seen. "Any further discounting from here is going to force things to really go badly for the two largest short banks," Maguire says. "And they are looking for an optimum exit next year anyway. I would say the capitulation we are seeing right now is a classic bottom."

An excerpt from Maguire's interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/12/20_M...

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



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