Whistleblower Andrew Maguire makes the case that the US government (here’s looking at you, Mr. House Scott Bessent) might have orchestrated the recent gold & silver selloff to support US Treasury bonds, & explains why it is MASSIVELY backfiring as Asian & Saudi buyers absorb every dip.
“Bessent fully understands that rising yields fuel financial fears and currency devaluation risks, and that foreign central banks, sovereign buyers, and institutions buying physical gold are increasingly looking at the undervalued gold as the only alternative reserve asset capable of hedging against interest rate volatility and sovereign credit erosion, and of course, currency purchasing power.
And gold is the only standard for that.
Now the evidence suggests that the institution is finally preparing for a long-awaited revaluation of U.S. Treasury gold. The inclusion of Judy Shelton in an advisory role at the Exchange Stabilization Fund, given her long history of pushing for a gold-dollar system, is no coincidence, and it will not be just “gold and dollars” as much as we have just described.
Now, liquidity providers estimate that with the spot gold price in over-the-counter transactions, which is a trillion dollars weekly, based on levels very close to cap levels with increasing arbitrage flows, the institution’s attempts to cap prices are limited to this dwindling volume of open interest in the “Comex” and swaps and borrowed gold from exchange-traded funds.
And this is a big issue here: borrowing gold from exchange-traded funds (ETFs) and GLDs, or short selling, in order to accelerate this gold price revaluation process.”
