Andrew Maguire

[Serpo]

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2014/7/27_Andrew_Maguire.html



hundreds of tons of physical gold was bought by Eastern nations in just the last 14 days



http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/26_Maguire__Hundreds_Of_Tons_Of_Gold_Bought_By_Eas t_In_14_Days.html

[Twisted Titan]

They have a unlimited amount of fiat money.....why wouldnt they.

[gunDriller]

buying opp. Monday morn/ Sunday night ... what the heck.

always like Maguire i'views. help clear my mind after hearing all the finance & economic news.


i think John Williams should do more webcasts, too.

[Cebu_4_2]

But will they actually get delivery? Germany might be pissed if they do.

[gunDriller]

But will they actually get delivery? Germany might be pissed if they do.

from listening to the webcast, i'm pretty sure that Eric King and Andrew Maguire are talking about physical delivery. same is reflected in the mini-transcript.

of course, that doesn't mean those contracts that they're talking about, the "tens of tons adding up to a hundred (or hundreds of) ton/tons", will be delivered.

we all know that the paper game ends when the fact of default becomes impossible to hide.


the best Germany can do is to be a whistle-blower. "the US stole 3000 tons of Gold from us." but they are so wrapped into the US economic system ... who will buy their BMW's, if not the US (besides China, Japan, Brazil, Russia, India etc. :) )

I'm thinking maybe this is related to Germany's recent supposed cozying up to China and Russia. The US media can portray it however they want, but Germany is definitely wise to diversify their customer base, to be more independent of the US.

I doubt that Germany will ever get their physical Gold back.