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

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.

Make sure you catch the next episode of Live from the Vault - Subscribe.

Timestamps

00:00 Start

01:45 A recap on the 100th episode

08:07 Global central banks’ gold buying spree

19:23 EFP mechanism is COMEX Achilles’ heel

24:37 Silver paper load outs continue

36:06 Closing on metals rally inflection point

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