Andrew Maguire: BRICS Basket to Blow the Roof Off Silver Market

Kinesis Money, Released on 6/17/22

In this week’s Live from the Vault, Andrew Maguire takes a closer look at the newly determined BRICS currency basket, assessing the likely price revaluation of its top three commodities: gold, silver and oil. With current geopolitical escalation impacting the physical gold market, the precious metal expert explains the possible repercussions of China’s de-dollarization for the global financial system.

00:00 Start
01:40 Summing-up past two weeks in gold and silver
07:45 About automated paper gold and silver algorithms
15:40 Assessing the current short-term action in the wholesale market
22:45 Bullish market drivers for physical gold
29:50 Silver price update for the community
35:00 Some good context to Andy’s very short-term assessment

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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