Russia weaponises gold - LBMA under siege!

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by Kinesis Money
Friday, Aug 26, 2022 - 11:07

In this week’s Live from the Vault, Andrew Maguire highlights the possible implications of Russia’s plan to create its own international standard for the precious metals market by establishing a local LBMA-competing brand.


With global investors growing frustrated over the unnatural capping of the gold and silver prices, the London wholesaler provides further evidence of the COMEX’s broken pricing mechanism.



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00:00 Start

01:25 Picking last episode’s threads

09:50 What’s going to happen in the silver market?

11:40 Russia is creating its own LBMA-competing brand!

24:42 Where is the short-term imbalance likely to play out?

35:10 About the new Russian gold and silver benchmark

43:15 Andrew’s predictions on the Russia-China alliance

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