Andrew Maguire: Russia Weaponizes Gold – LBMA Under Siege!

Kinesis Money, Released on 8/26/22

In this week’s Live from the Vault, Andrew Maguire highlights the possible implications of Russia’s plan to create its own international standard for the precious metals market by establishing a local LBMA-competing brand. With global investors growing frustrated over the unnatural capping of the gold and silver prices, the London wholesaler provides further evidence of the COMEX’s broken pricing mechanism.

00:00 Start
01:25 Picking last episode’s threads
09:50 What’s going to happen in the silver market?
11:40 Russia is creating its own LBMA-competing brand!
24:42 Where is the short-term imbalance likely to play out?
35:10 About the new Russian gold and silver benchmark
43:15 Andrew’s predictions on the Russia-China alliance

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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