Andrew Maguire Predicts Major Shift in Gold Price: A Gold Warning

by | May 29, 2023 | Gold IRA

Andrew Maguire Predicts Major Shift in Gold Price: A Gold Warning




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In a recent interview with King World News, Andrew Maguire, a well-known precious metals expert, issued a warning that a major shift in gold prices is coming. According to Maguire, the gold market is about to see a major move that will catch many investors off guard.

Maguire pointed out that there are several factors that have led to this looming shift in gold prices. First, central banks around the world have been steadily increasing their gold reserves over the past few years, which has put pressure on the supply of physical gold. In addition, he notes that the physical gold market has been experiencing a shortage, which has also driven prices higher.

Furthermore, Maguire believes that the recent drop in gold prices is simply a temporary lull before the market experiences a major swing. He predicts that the price of gold will soon rise to new heights, potentially exceeding the all-time-high of $2,000 per ounce that was reached in 2011.

Maguire also advises investors to be cautious in the current environment, as the gold market is full of volatility and uncertainty. He recommends that investors hold physical gold and silver bullion as a safe haven asset for the long term. Additionally, he suggests they consider purchasing mining stocks which can offer both upside potential and downside protection.

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Overall, Maguire’s warning about a major gold price shift should not be ignored. With central banks and physical demand putting pressure on the market, combined with the volatility experienced in recent months, there is a recipe for a significant move in gold prices. Investors who are prepared with physical gold and silver bullion, along with mining stocks to hedge volatility, will be well-positioned to benefit from this major shift.

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