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Scarcity is holding the gold price up, Maguire and Hemke agree on LFTV

Section: Daily Dispatches

9:30p ET Friday, December 8, 2023

Dear Friend of GATA and Gold:

In Kinesis Money's "Live from the Vault" program this week, London metals trader Andrew Maguire and financial letter writer Craig Hemke agree that scarcity of real metal is supporting and will continue to support the price of gold as the derivatives fraud of the commodity futures market comes apart.

Possession of physical gold and avoidance of "paper" gold are crucial, they agree.

Hemke says some banks and other market participants now are in a position to benefit from a higher gold price.

The program is an hour long and can be viewed at YouTube here:

https://www.youtube.com/watch?v=V09MKnBgldg&t=604s

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


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with great GATA-label wine

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Support GATA by purchasing
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"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

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-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

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