Kinesis Money, Released on 1/24/25

In this week’s Live from the Vault, Andrew Maguire examines the widening disconnect between synthetic and physical gold and silver markets, highlighting spiking lease rates and the move towards Basel III-compliant bullion. Drawing on historical precedents and emerging arbitrage opportunities driven by tightening physical silver supplies, Andrew reveals the structural shift towards physical price revaluation and the growing demand for safe haven metals.

00:00 Start
02:00 Gold lease rates spike to 2002 levels due to paper-to-physical disconnects
09:10 Gold Charts: exploring the shift towards Basel III compliance
12:50 Risks of investors flocking to money market funds
22:15 Abot the ‘Cartel’ exploiting Comex spreads and the tariff threats loom
28:45 US regional silver premium’s impact on global FX crosses

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, comex, gold, investing, precious metals, silver