Gold RevaluationFrom G.A.T A. ..... Richard
Closing of BIS gold leases shows revaluation is near, Maguire says
8:42p ET Friday, November 18, 2022
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire, interviewed by Shane Morand for this week's "Live from the Vault" program for Kinesis Money, says the closing of the gold lease positions of the Bank for International Settlements --
https://www.gata.org/node/22286
-- shows that central banks and bullion banks are now heavily long gold and ready for the monetary metal's upward revaluation, which he expects at the turn of the year.
The program is 41 minutes long and can be viewed at YouTube here:
https://www.youtube.com/watch?v=txRYMUvCGLA
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org