Kinesis Money, Released on 6/16/23

In this week’s episode of Live from the Vault, Andrew Maguire scrutinises the decades-long history driving some of today’s most pressing gold market topics: the divergence between physical and paper, and the coming gold reevaluation. The precious metals expert analyses the growing momentum of indisputable changes observable on the gold market since the Basel III implementation and examines the impact of escalating geopolitical tensions on physical gold.

00:00 Start
01:30 Update on the central bank-driven gold reevaluation
03:50 The lone central bank attempting to delay the reevaluation
06:42 How the divergence between physical and paper gold started
11:15 How the Federal Reserve diluted the real gold price
13:00 How Basel III reopened the gold exchangeability window
16:30 Where we are in regard to price-capping tools
19:30 Why we call the COMEX the Casino
20:58 China and Russia’s impact on synthetic gold prices
25:00 JP Morgan and other examples of how the game is rigged
27:47 How bad are double ownership claims for the Fed
31:10 China and Russia soon to reveal their physical reserves?
33:50 Why Basel IV is bullish for gold

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