Andrew Maguire: 40 Million ounces of COMEX gold vaporized!

Kinesis Money, Released on 2/23/24

In this week’s episode of Live from the Vault, Andrew Maguire tackles a burning question from a US-based bullion dealer: is it possible that the Federal Reserve could try and confiscate your hard-earned gold savings? The precious metals expert provides an update on the effects of Bitcoin ETFs on the gold price and comments on the strong geopolitically-driven demand for precious metals. Finally, Andrew shares some very good news for Silver Stackers.

00:00 Start
01:53 Is there a chance the Fed will confiscate your gold?
13:45 Updates from liquidity providers: Bitcoin & gold
20:30 COMEX formed 50 years ago, Fed intervention in gold started…50 years ago
31:11 Rising tensions in the Middle East & China’s holiday season impact
33:33 Big move coming for silver?

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.

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