Gold likely to rebound when China resumes trading Monday, Maguire says


7:18p ET Thursday, October 6, 2016

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire tells King World News today that gold is likely to reverse upward Sunday night when Chinese trading reopens on the eve of a holiday in the United States. What happened to gold this week, Maguire says, "is the standard form of defensive attack that we see when serious cracks appear in the unallocated gold market delivery system. We saw it in April 2013 with ABN AMRO and we are seeing it again on a much larger scale now with Deutsche Bank."

Maguire's comments are posted at KWN here:

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


Bullion Star Plans Precious Metals Seminar in Singapore on October 19
and All Who Attend Will Receive a Free Voucher for a Silver Maple Coin

Bullion Star will hold a precious metals seminar at 7:30 p.m. Wednesday, October 19, in its bullion center at 45 New Bridge Road in Singapore. The event will feature Bullion Star CEO Torgny Persson and the company's market analyst, Ronan Manly. Topics to be discussed include "The Race for Gold, West vs. East," "Bullion Banking 101," and "The Gold Market -- Where Transparency means Secrecy." All attendees will receive a voucher for a Silver Maple coin.

To learn more about the event and to register for it, please visit:

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New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana

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