Kinesis Money, Released on 11/29/24
In this week’s Live from the Vault, Andrew Maguire explores November’s pivotal turning point for gold igniting a physically-driven rally, while Trump’s proposed BRICS tariffs hasten de-dollarization and boost global gold demand. As silver gains momentum, driven by surging industrial and military demand in China, Andrew examines the market shift towards physical over paper trading, highlighting a transformative moment for both metals.
00:00 Start
02:15 Gold chart: short-term analysis
10:20 Silver chart: short-term trends
13:50 Silver momentum: driven by industrial and military demand
20:10 Andrew elaborates on silver wholesale market footprints
25:55 Insights on the January 13th 1-ounce CME gold launch
34:20 Trump’s BRICS Tariffs Threat!
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.