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China will keep pushing up gold and soon will liberate silver, Maguire tells LFTV
10:34p ET Thursday, April 17, 2025
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire, interviewed by Shane Morand on Kinesis Money's "Live from the Vault" program this week, says unrelenting buying instigated or encouraged by China's government will continue to drive up the price of gold as the government unloads its U.S. Treasuries.
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All the major bullion banks are now forecasting and prepared for much higher prices, Maguire says.
He adds that China is also acquiring so much silver that the longstanding Western price-suppression efforts against silver soon will fail as the already have failed against gold.
The program is 40 minutes long and can be viewed at YouTube here:
https://www.youtube.com/watch?v=B9YjtbV1RPI
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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