BIS caves to Russia’s gold-buying pressure: Huge impact on gold and silver

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by Samuel Briggs via Kinesis Money

This week, Andrew Maguire reveals that Russia is joining China in building huge, undisclosed physical gold reserves:

The precious metals expert explains the resulting pressure piled on the BIS and the significant threat posed to dollar hegemony.

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As Basel III draws ever closer, Andrew Maguire reveals the BIS is ramping up competitive gold buying ahead of the June 28th implementation date.

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A week on, the long-time wholesaler reviews last Friday’s BIS Options Expiry, where the gold price reacted exactly as forecasted in the previous episode.

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