Kinesis Money, Released on 8/2/24
In this week’s episode of Live from the Vault, Andrew Maguire teams up with Craig Hemke of TF Metals Report to discuss the recent price movements in gold and silver, questioning how long the Federal Reserve can maintain its weak stance. The precious metals experts dive deep into silver price analysis, examine the impact of BRICS & India on gold and the dollar, and conclude with insights on when and how the true price of physical gold will emerge.
00:00 Start
03:41 What Craig saw in the market last week (when gold crashed)
10:30 How long can the Fed maintain its weak hand?
16:00 Silver price analysis
18:21 Indian gold repatriation
24:00 BRICS’ impact on the dollar
29:00 US Government Debt
37:00 The COMEX will have to reflect the physical gold price – but when?
Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.
Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund managers, bullion banks, directors and metal traders globally.