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REVEALED: Best Investment During Inflation
Andrew Maguire, a well-known gold and silver analyst, has recently made a bold prediction about a major shift in the price of gold. In a recent interview, Maguire claimed that there is evidence of manipulation in the gold market and that a significant price movement is imminent.
Maguire, who has been a vocal critic of the manipulation of gold and silver prices by large financial institutions, is known for his accurate predictions about price movements in the precious metals market. In the past, he has exposed illegal practices by banks and financial institutions that have led to major price fluctuations in the gold and silver markets.
According to Maguire, there are signs that a group of large financial institutions are artificially suppressing the price of gold in order to drive down its value. This manipulation, he claims, is creating an opportunity for these institutions to accumulate large quantities of gold at artificially low prices before a major price shift occurs.
Maguire’s prediction has caught the attention of many investors and analysts who are closely watching the gold market for signs of a potential price movement. If his claims are accurate, a major shift in the price of gold could have far-reaching implications for the global economy and financial markets.
In response to Maguire’s claims, the gold and silver markets have shown some signs of volatility in recent weeks, with prices fluctuating more than usual. Investors are closely monitoring the situation and preparing for the possibility of a major price movement.
While Maguire’s prediction may be met with skepticism by some, his track record for accurate predictions in the past gives credence to his claims. Investors and analysts are urged to closely follow developments in the gold market in the coming weeks to see if Maguire’s prediction comes to fruition.
In conclusion, Andrew Maguire’s prediction of a major shift in the price of gold has raised eyebrows in the financial community. With signs of manipulation in the gold market and increased volatility in prices, investors are preparing for a potential price movement that could have significant implications for the global economy. Only time will tell if Maguire’s prediction is accurate, but his track record for accurate price predictions makes his claims worthy of attention.
I suggest that we all start using ounces (& million ounces- Moz) instead of tons when speaking or writing about gold and silver. Everyone knows what an ounce is and most everyone knows what an ounce of gold or silver looks like and about how many USDs to buy it. I have been following silver for 40 years and have never seen a ton of it and don’t know how many USDs it would take to buy a ton without using a calculator. The fact that we use troy ounces can make it confusing but when talking tons there is a short ton (2000 pounds), a long ton (2240 lbs.) and the metric ton/tonne (1000 kg/2204.6 lbs). I assume that when talking tons of precious metals commentators are using the metric ton equaling 32150.7 troy ounces. When a PM commentor says someone bought or sold 50 tons of silver I often want to have at least a rough idea of how much USD that is and usually can’t come up with even a rough idea without a calculator. If they were to say 1.6 Moz of silver- I could multiply in my head by $23 (currently) and come up with about $37M. For those of us that want to see silver and gold become more accessible to more people I think using ounces instead of tons as the common unit of measure will help.
Silver should be 10 to 1 with gold.
Imagine what would happen to the price of physical gold if everyone that owned paper gold demanded the actual product.
TOTAL NONSENSE!