In this week’s Live from the Vault, Andrew Maguire outlines how recent market volatility has masked record central bank accumulation of gold and silver, as governments worldwide accelerate their conversion of dollar reserves into bullion.
With Shanghai premiums hitting their highest level since 2008 and the Fed left as the only central bank still defending the dollar against gold, Andrew makes the case for why a sharp, physically driven rally in both metals is now firmly in place.
Send your questions to Andy here: https://www.speakpipe.com/LFTV
Timestamps:
00:00 Start
02:01 Central banks capitalise on recent volatility to accumulate physical gold
05:39 UAE exit from OPEC and what it means for the petrodollar
09:47 Gold overtakes US Treasuries as the top central bank reserve asset
14:04 Why the Fed is the only central bank still defending the dollar against gold
20:34 Chart footprints: where unleveraged physical buying overran leveraged sellers
27:08 Shanghai gold premium hits largest level since November 2008
32:07 How the Fed used borrowed gold to fuel momentum short selling
36:18 No leveraged longs left - what that means for gold and silver
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The opinions expressed in this video by Andrew Maguire and any guest are solely their own and do not reflect the official policy, position, or views of Kinesis. The information provided is for general informational purposes only and does not constitute investment advice, financial advice, or any other type of professional advice.
Viewers are encouraged to seek independent financial advice tailored to their individual circumstances before making any decisions related to the gold market or other investments. Kinesis does not accept any responsibility or liability for actions taken based on the content of this video.