Interviewed by TF Metals Report, Jaitly and Maguire cite rising backwardation in gold


11:09p ET Thursday, February 28, 2013

Dear Friend of GATA and Gold:

Interviewed this week by Turd Ferguson of the TF Metals Report, Sandeep Jaitly, investment manager and strategist at First International Group in London and editor of The Gold Basis Newsletter, and London metals trader and silver market whistleblower Andrew Maguire comment on rising backwardation in the gold market. Maguire says the backwardation has gotten extreme and has reached levels that in the past have preceded violent rises in the gold price.

The interview with Jaitly is 22 minutes long and can be heard at the TF Metals Report here:

The interview with Maguire is 29 minutes long and can be heard at the TF Metals Report here:

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


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