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Paper raid on metals causes 'unprecedented' silver premiums, Maguire tells King World News
7:56p ET Friday, December 21, 2012
Dear Friend of GATA and Gold (and Silver):
London metals trader and silver market whistleblower Andrew Maguire reports via King World News tonight that premiums for delivery of physical silver in Shanghai today reached "unprecedented" and "ludicrous" levels, so distortive was the Western central bank intervention against the monetary metals in London and New York. Maguire says the bullion bank agents of the central banks "are fully aware of the physical drain" caused by their paper raid, "and I guarantee you that they are going long on this final stage of the selloff."
An excerpt from Maguire's interview is posted at the King World News blog here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Commmittee Inc.
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