Monday, June 12, 2017

Andrew Maguire Issues Cryptic Prediction on Gold

Andrew Maguire is a London precious metals trader who has access to information about major buy and sell orders placed in the gold and silver markets. From time to time he issues updates on those markets via interviews. In this case he has issued an interesting and somewhat cryptic prediction on gold. In this interview on King World News, he tells listeners to watch for some kind of big event in the gold market exactly 26 days from the date of the interview. By my calculation, that would be in the first week of July right after the US holiday for the 4th of July.

Adding further intrigue to this interview, King World News is reporting that some unknown entity actually hacked into their system and deleted a portion of this audio interview with Andrew Maguire specifically related to his forecast about what will happen in 26 days.

So, we have an event to keep an eye with a specific time frame given. As I understand Andrew Maguire, he is saying that between now and August 2017 something is going to take place in the gold market that will lead to a major reset of the gold price much higher. He first made this claim about the potential for a gold price reset in February of this year. In this interview, he is following up to say he still thinks his timeline range will be correct for this event to happen (he originally said within 3-6 months of February 2017).

Because Mr. Maguire has access to information about large buy and sell orders placed by entities like central banks, his forecasts are widely followed and often times accurate. In this case, while he does not disclose why he is giving such a precise time frame, it appears he believes that some central bank (or group of central banks) will be placing an enormous buy order for gold. He believes the buy order is so large that it would overwhelm any selling orders in place at that time. 

We will follow the events and report what actually happens between now and August to see if this forecast pans out. If it does, it also suggests something significant that might impact the present financial and monetary system could be about to happen as well. Since we watch for that here, we will just follow this to see how it turns out. The fact that someone went to the trouble to delete the part of the audio interview shown below is odd since KWN can obviously still report it as they have, but it does add some intrigue to the situation.

Here is the text of the deleted portion of the audio interview per King World News:

"Eric King:  “This summer surprise that you say is in front of us in the gold market, Andrew, I know you can’t say specifically what that is, but can you give a hint at what is in front of us that’s going to be the shocker in 26 days?”

Andrew Maguire:  “What we are going to see is a massive amount (absolutely enormous tonnage) of physical gold buying coming in and it’s completely unexpected and unanticipated.” 

King World News note:  Again, this portion of the tape was stripped out of Maguire’s KWN audio interview by some unknown entity.  Who would want that question and this portion of the answer deleted and why?  This is the first time anything like this has ever happened.  As mentioned, a KWN staff member was able to transcribe this portion out of a retrieved copy they kept that was unaffected.  What is interesting is that some entity did not want that portion of the audio interview to be heard by the KWN global audience, which includes key government officials from across the globe.     . . . . "

Added note 6-14-17: Maguire does this brief update on KWN in which he says that gold holding at $1260 illustrates his recent prediction that gold would bounce right at that price level. Again, we will monitor his "26 days" prediction to see what happens there.

Update 7-7-17: King World News issues this update today.

Update 7-20-17: More information on this story

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