New exchange will pressure London bullion banks, Maguire tells TF Metals Report

Section:

2:45p ET Friday, May 15, 2015

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire tells the TF Metals Report's Turd Ferguson today that the London bullion banks are losing control of the gold market to other exchanges and will be struck particularly hard by the new Allocated Bullion Exchange. But Maguire adds that the London bullion banks are still exporting huge amounts of gold to Switzerland. He also offers price targets and resistance levels. His interview is a half-hour long and can be heard at the TF Metals Report here:

http://www.tfmetalsreport.com/podcast/6848/talking-gold-andrew-maguire

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



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