Kinesis Money, Released on 2/3/23
In this week’s Live from the Vault, the hedge fund expert and author of the Mining Stock Journal, Dave Kranzler, joins Andrew Maguire to discuss the potential effects of pricing silver in gold grams, gauging the chances for the silver squeeze to unfold. As more Eastern and Gulf region countries consider settling global oil and commodity trades using alternative currencies, the two industry leaders debate the power of tokenised, allocated gold in shaking the dollar-based monetary regime
02:15 What has unfolded since November in the gold market?
04:25 Gold and silver importation across the Eastern Hemisphere
06:45 How much gold in China ends up unreported?
08:35 About Germany trying to inspect gold held in custody by the Fed
10:25 The asymmetric nature of Basel III-compliant deliverable contract
12:45 Tokenized physical gold – that’s a big thing!
16:10 Exchanging gold for oil: it is already happening!
17:25 Weaponizing the dollar & keeping metals out of the mainstream media
23:30 Elon Musk questions what people thought was just a conspiracy theory
25:05 What is interesting is when you price silver in gold grammes…
30:00 There is a huge potential here for a short squeeze!
32:35 Is the Eastern Hemisphere where most of the drain on the LBMA is gone?
34:50 The real liquidity is even thinner than in March 2020…
36:30 Dave shares where to find great investment opportunities
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.
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.
Silver has broken my monetary system, today barely at $22 per ounce.