Andrew Maguire: “Eric, now that we have the well-anticipated Fed rate hike out of the way I wanted once more to focus upon the unprecedented, game-changing liquidity drain out of London into Asia. This is evidenced by the increasingly illiquid LBMA fixes. I don’t see this discussed anywhere else and given the pace of this liquidity drain, this will become the catalyst for the inevitable forced cash reset in the highly leveraged unallocated London gold markets…"
at http://kingworldnews.com/andrew-maguire-absolutely-stunning-developments-in-the-gold-market-and-at-the-lbma/
No comments:
Post a Comment