Published on Gold Anti-Trust Action Committee (http://www.gata.org)

Swiss banks won't let depositors withdraw gold, Maguire tells KWN

By cpowell
Created 2018-07-20 19:35

3:35p ET Friday, July 20, 2018

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire today tells King World News he is hearing more complaints from gold owners that they lately have been refused withdrawal of their gold by Swiss banks, even though the gold supposedly was being held on an allocated basis.

These reports probably won't be taken seriously outside the gold bug community until the expropriated depositors identify themselves and their banks and complain in public. But then the advice to gold investors from Jim Sinclair, James Turk, and others long has been not to store gold in the banking system. Maybe people need a reminder.

Maguire's interview is summarized at KWN here:

https://kingworldnews.com/wtf-is-going-on-andrew-maguire-now-says-a-swis... [1]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org [2]


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