In this report I talk about a King World News interview conducted with Andrew Maguire, a London foreign exchange trader, in which he says that a major European bullion bank is refusing to deliver physical gold to its wholesale clients.
I also explain how the bullion market is actually part of the fiat currency foreign exchange market and how gold (xau) and silver (xag) are actually traded as foreign exchange pairs versus the dollar and other major fiat currencies.
My conclusion is that the bullion market is heavily manipulated and that the bullion banks along with the Central Banks will do all they can in order to discourage investors from taking delivery of physical gold and silver. This shows, of course, how important the precious metals are for if they were really useless like many in people argue why would banks and Central Banks even be involved in the bullion market?
KWN Maguire Interview: https://kingworldnews.com/andrew-maguire-6-7-2018/
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