As the scramble to unwind allocated positions ahead of Basel III continues, Andrew Maguire reveals that Russia and China are seizing the opportunity to grow their already substantial physical gold reserves.
With Options Expiry price-capping playing out exactly as predicted, the long-time wholesaler explains why he believes gold is coiled to break through crucial resistance and silver is extremely structurally bullish.
https://www.zerohedge.com/news/2021-10-10/russia-and-china-raid-gold-amid-basel-iii-scramble
Mabuire says COTS are fake