Kinesis Money, Released on 4/11/25

In this week’s Live from the Vault, Andrew Maguire is joined by Alasdair Macleod to reveal how silver is quietly moved through private channels – largely controlled by China – keeping real supply and demand hidden from the open market. As silver approaches a critical price point, two old friends explain how major market players may soon lose their grip, opening the door for a sharp rise in silver and a fresh wave of interest in precious metals, unwinding decades of price control.

00:00 Start
02:20 Andrew introduces Alasdair Macleod
03:55 Silver breaks out as warehouse stocks reach critical lows
10:55 EFP values distorted; China continues strategic silver stockpiling
18:50 Major Asian buyers quietly acquiring precious metals by the billion
27:25 Echoes of the 1970s: Historic parallels in gold accumulation
32:25 BRICS currency risks and the rise of an East Asian supergroup
37:05 What the whales and central banks are really doing behind the scenes
43:30 How central bank leasing and double-counting threaten a crisis
47:15 The Fed’s covert borrowing of gold from the BIS
51:40 Alasdair’s journey: Decades of decoding precious metals market behavior

Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. Read Macleod’s writing: https://www.goldmoney.com/research and MacleodFinance Substack.

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.

  andrew maguire, gold, precious metals, silver