|
||
Relevant:
|
2013-04-19 — montrealgazette.com
Brian McKenna didn't predict the recent nosedive in gold prices, but he knows someone who did.
"Andy sent me an email early Friday morning," recounted the Montreal director. "He said, ‘There's a big event happening. Someone's dumping 500 tons of gold into the market.' That ended up driving the price down by $78 an ounce. And 500 tons is 16 million ounces -- we're talking about a serious intervention here. Who's got that kind of money?" "Andy" is Andrew Maguire, a key source in McKenna's fascinating new film The Secret World of Gold, which premières Thursday at 9 p.m. on CBC-TV. The hour-long documentary plunges into the dramatically rich narrative of gold, unveiling some shocking facts along the way. "I was just going to do a history piece, until I stumbled over a whistleblower," McKenna said. A veteran gold and silver trader, Maguire denounces the shady tactics of the industry, breaking down the ways in which precious metal prices are manipulated using insider trading. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |