Kinesis Money, Released on 7/8/22
In this week’s Live from the Vault, the President of the Gold Silver Pros, Robert Kientz, joins Andrew Maguire to shed some light on the derivative market’s insidious practices to control the physical gold and silver price. The precious metals expert and former auditor lifts the lid on the scale of regulatory malfeasances common among traditional providers, and advises on how to exit the system as a more democratic and freer alternative is already emerging.
00:00 Start
02:15 Robert Kientz digging into the recent Bank of International Settlements report
05:35 Fiat imploding. Basel III requirements waived for every asset class except gold
11:25 What’s always been considered a conspiracy – now confirmed.
14:05 Basel III – The Net Stable Funding Ratio standards
22:05 Gold price dissension across different countries. Big banks in trouble.
28:25 Robert’s thoughts on market ringfencing and derivatives market control.
37:15 Do not assume that market leaders or their regulators will tell you the truth
43:40 Major global banks unwinding their silver derivative positions.
51:25 Robert auditing the Perth Mint – dishonesty and malfeasances exposed.
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.