Kinesis Money, Released on 6/30/23

In this week’s episode of Live from the Vault, Andrew Maguire examines just how close we came to a pivotal black swan event – that could have potentially triggered an irrevocable gold revaluation – amid last week’s tensions in Russia. The London wholesaler investigates whether the Federal Reserve miscalculated its gold-buying approach and is running out of tools to keep a synthetic cap on prices, as central banks’ massive gold-buying spree takes place around the globe.

00:00 Start
01:15 Latest precious metals market update
04:30 How close did we come to a black swan event last weekend?
08:30 The largest central bank buying spree in over 200 years
13:00 Has the Fed miscalculated when buying gold?
16:45 The split in the speculator category
21:30 Stacking? Here’s what you should expect in the short-term
29:30 The strange action happening with silver

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, gold, precious metals