Wed, Nov 26, 2014, 7:19 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

iShares Silver Trust Message Board

  • commonsenseonly1 commonsenseonly1 Jul 29, 2013 8:57 PM Flag

    Ted McGuire says.....

    Submitted by cpowell on Mon, 2013-07-29 18:05. Section: Daily Dispatches
    2p ET Monday, July 29, 2013
    Dear Friend of GATA and Gold:
    Providing guest commentary for the TF Metals Report, London gold and silver trader and silver market rigging whistleblower Andrew Maguire insists that goldis in backwardation based on prices in the physical market in London. Maguire adds that the current extent of backwardation in gold has never been seen before.
    "There is demonstrably little confidence that by giving up your bullion for even a near-date paper promise you will ever receive it back," Maguire writes. "From a physical market perspective, the extreme condition we are witnessing in gold should never happen and forewarns of an extremely serious imminent disconnect illustrating a lack of immediately deliverable supply. That this condition has existed for such an unprecedented period of time forewarns that the paper link to gold is in its final stage of irrelevance and collapse."
    Maguire's commentary is posted at the TF Metals Report's Internet site

    SortNewest  |  Oldest  |  Most Replied Expand all replies
15.87-0.11(-0.69%)Nov 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.