Kinesis Money, Released on 11/3/23
In this week’s episode of Live from the Vault, Andrew Maguire wonders who will buy more than $1.7TN in US Treasury bonds and whether the golden elephant in the room is being ignored as safe haven inflows boost gold’s price. As 2023 draws to a close, the precious metals expert and whistleblower explains how paper prices can no longer be relied on to keep the price of physical gold artificially low: the game has changed and the gold reevaluation has begun.
00:00 Start
01:35 What is Andy focussing on as the market becomes bullish?
12:50 Is gold re-evaluation beginning and what else is driving gold?
18:45 The COMEX: unfit for purpose
23:00 Is gold competing with treasuries as the weaponisation of the dollar continues
28:40 An updated look at the illiquid gold and silver fixes
40:00 An update on how silver is faring
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.