Kinesis Money, Released on 10/7/22

In this week’s Live from the Vault, Andy Maguire exposes the Chinese and Indian deep-pocket traders who aggressively capitalize on the $1000-per-contract silver futures price divergence. As the COMEX-driven backwardation reaches unprecedented extremes, the London wholesaler analyses the increasing potential for the freshly-emerged competitors to ignite the massive silver short squeeze.

00:00 Start
01:40 Gold and silver action summary since the last episode
09:15 Silver sharks swimming into the COMEX backdoors
17:45 How can this new competition affect the ETF flywheel?
23:50 Gold – Looking at the short and medium-term picture

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, silver