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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (108658)	6/5/2021 8:19:31 AM
From: Goose94	Read Replies (1) \| Respond to of 202923

Gold: Basel III approach tightens gold supply in London, trader Maguire says June 4th 2021 Central banks in Russia, China, and other countries are increasing their competition for physical gold in the London market as the implementation of the Basel 3 regulations on "unallocated" gold draws near, bullion trader Andrew Maguire says in his weekly interview with Shane Morand for Kinesis Money. Meanwhile the manipulative smashes of gold prices on the eve of futures market options expiration are becoming less effective, Maguire says, with prices bouncing back quickly amid heavy demand for real metal. Maguire cites the recent commentary of Hugo Salinas Price of the Mexican Civic Association for Silver to the effect that Russia and China are coordinating the links between their currencies and gold in an effort to strike at the hegemony of the U.S. dollar: gata.org Maguire's interview with Morand is 39 minutes long and can be seen at YouTube here: Chris Powell, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. CPowell@GATA.org