Central bank demand is defeating U.S. gold price suppression policy, Maguire says
10:03a Saturday, April 22, 2023
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire, in his weekly discussion with Shane Morand on Kinesis Money's "Live from the Vault" program, details how U.S. gold price suppression policy is failing amid heavy demand for real metal from central banks, which is driving the price up in stair-like steps toward an official revaluation.
The program is 44 minutes long and can be viewed at YouTube here:
CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. CPowell@GATA.org
Agnico is the 3rd largest gold producer and will produce over 3 million ozs of gold in 2023. Agnico owns Canada’s 2 largest gold mines, Malartic and Detour, and 80% of Agnico’s production comes from Canada.