Andrew Maguire on the current shifts in gold and silver

Kinesis Money, Released on 1/28/22

In this week’s Live from the Vault, Andrew Maguire reveals the two main reasons behind the current bullish shift in gold and silver and elaborates further on the fragile ETF flywheel, with gold set to rally.

The precious metals expert continues to monitor the influence of Basel III on the markets and explains the mechanisms behind futures market backwardation in response to ever-tightening physical supply.

00:00 Start
02:00 January 2022 Summarised
09:00 Andrew’s thoughts on COMEX and BIS OpEx expiry
12:50 Is Basel III still a positive influence?
15:35 Silver opportunities – almost too good to be true!
23:45 Andrew elaborates on ETFs
29:30 Bank of America’s naked short silver futures position

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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