Kinesis Money, Released on 3/7/25
In this week’s Live from the Vault, Andrew Maguire revisits his gold price prediction, now close to materialising as gold hits record highs, with rising physical demand pushing prices higher despite persistent suppression efforts. With central banks ramping up gold accumulation, short sellers are facing growing pressure, while the Basel III compliance deadline accelerates the shift to physically-backed assets, making price suppression increasingly unsustainable.
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.