Andrew Maguire: Why 27th December is so important for physical gold and silver

Kinesis Money, Released on 12/2/22

In this week’s episode of Live from the Vault, Andrew Maguire underlines the inevitable paper market unwinding following Basel III compliance, as the COMEX is forced to compete with an increasingly global physical marketplace. The London wholesaler exposes the speculators that will be left tricked with undeliverable short positions, waking up into what will likely be a bid-only market.

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.

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