Andrew Maguire: Covert Chinese Gold Buyers Reappear

Kinesis Money, Released on 6/28/24

In this week’s episode of Live from the Vault, Andrew Maguire tackles the audience’s burning questions, assessing the possibility of a gold price correction and sharing insider information on the resumption of Chinese gold buying. The precious metals expert analyses factors influencing the gold and silver markets, offering a short-term outlook, and provides an update on the upcoming BRICS gold-backed currency set to launch in Q4.

00:00 Start
02:00 From two weeks ago to now: moving into Q3
10:00 Possible gold price correction
28:45 The Royal Bank of Canada’s actions around the gold price
31:30 Will the COMEX fail to deliver?
37:45 Fresh European gold buying
40:00 What Andrew is seeing in the silver markets
44:30 An update on the BRICS gold-backed currency

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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