Kinesis Money, Released on 5/2/25

In this week’s Live from the Vault, Andrew Maguire breaks down gold’s recent sharp rise and fall, exposing how short-term volatility is engineered through unbacked US paper markets — now facing a reckoning as Basel III enforcement draws near. As China steps up physical gold acquisition and global FX markets eclipse COMEX in both credibility and scale, July’s compliance deadline threatens to shift gold’s pricing power eastward, marking a structural break from Western dominance.

00:00 Start
00:43 Andrew unpacks gold’s round trip and the 1st July Basel III deadline
14:05 Gold charts: Andrew’s short-term outlook and market direction
25:05 Why COMEX is rapidly losing control over gold price setting
29:48 China’s open gold strategy & Trump: who has the gold makes the rules!
36:30 Bullish signals in gold and silver – what’s driving sentiment?

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