Whistleblower Andrew Maguire – A Staggering 1,000 Tonnes Of Paper Gold Rinsed Out Of Market In Today’s Takedown!
Western officials purposely waited for the Chinese to be on holiday before they began to smash the gold and silver prices. But China will be back buying on Sunday night and they will surely capitalize on this discount. However, even though the Chinese are on holiday, the Peoples Bank of China (PBOC) is not, and they are actively buying gold into this dip.
Officials and insiders already have the Non-Farm Payrolls data, and looking at the veracity of the paper gold selling, this suggests Non-Farm Payrolls will be a miss. This is a massive overshoot taking place to the downside in the gold market, with hot (small speculator long) money now rinsed. Wait until you see the COT report his week, Eric, it will actually capture the COT short covering from many of the small specs that have been flushed.
http://kingworldnews.com/andrew-maguire ... ket-today/