Kinesis Money, Released on 11/15/24

In this week’s Live from the Vault, Andrew Maguire examines how Trump’s election spurred a market rush into risk assets, triggering automated selloffs in gold and silver, while central banks capitalized on price dips to accumulate gold. Maguire discusses how the dollar’s weaponization and missed diplomatic opportunities have accelerated BRICS nations’ de-dollarization efforts, with gold-backed currencies emerging as a strategic alternative.

00:00 Start
01:35 How Trump’s election win stirred market turmoil
07:40 Gold price chart: Central banks buying the dips
13:50 The Fed forced to cover short positions at higher prices
16:30 Gold price chart: Trump Trades, BIS report & Fed short-covering
22:15 How far will the gold and silver selloff go?
27:50 Silver price chart: Surge in physical demand in Asia
31:10 BRICS & Trump: Missed opportunities fast-tracking BRICS plans

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, Fed, gold, Trump