Maguire tells KWN he expects a derivatives blowup in gold, silver by year-end

Section:

9:16a ET Saturday, September 27, 2014

Dear Friend of GATA and Gold:

In the second part of his new interview with King World News, London metals trader Andrew Maguire reports that the big bullion banks are unwinding their monetary metals positions on the Comex and that he expects a derivatives failure in the monetary metals by the end of the year. An excerpt from his interview is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/27_Ma...

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



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