The Phaserl


Maguire – LBMA Now Staring At Another Gordon Brown Abyss

from KingWorldNews:

The mainstream media has this myopic focus on the over 600 tons of GLD redemptions, while in reality we are witnessing massive bullion demand far in excess of these relatively small ETF redemptions. This bullion demand is actually putting enormous pressure upon immediately deliverable LBMA bullion stocks.

“What is notable, Eric, is that since the ABN AMRO default, where exactly one day after the bank default became public, it forced that defensive attack by the Fed and the Bank for International Settlements.

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