Kinesis Money, Released on 6/4/26

In this week’s Live from the Vault, Andrew Maguire explains why gold futures markets are now visibly breaking down, as China steadily corners the physical gold market while central banks worldwide accelerate accumulation at an unprecedented scale. The precious metals expert outlines why he believes the largest transfer of physical gold and silver ever recorded is already underway, as gold continues to trade below its physical equilibrium price and silver has yet to reflect true demand.

00:00 Start
01:29 How gold futures markets were designed to suppress the gold price
08:00 The 200-day moving average – what it really represents and who uses it
14:37 Basel III accelerates the breakdown of 50 years of gold price management
20:11 How speculative positions drive gold above and below its real value
28:38 Position limits, exemptions and who really controls the gold market
35:17 Gold overtakes US Treasuries as the largest central bank reserve asset
42:43 China’s physical demand drives silver higher as leveraged sellers lose control

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, china, gold, india