40 Million ounces of COMEX gold vaporised!

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by Kinesis Money
Friday, Feb 23, 2024 - 14:50


40 Million ounces of COMEX gold vaporised!


Live from the Vault: Episode 161.


In this week’s episode of Live from the Vault, Andrew Maguire tackles a burning question from a US-based bullion dealer: is it possible that the Federal Reserve could try and confiscate your hard-earned gold savings?

The precious metals expert provides an update on the effects of Bitcoin ETFs on the gold price and comments on the strong geopolitically-driven demand for precious metals. Finally, Andrew shares some very good news for Silver Stackers.



00:00 Start 

01:53 Is there a chance the Fed will confiscate your gold?

13:45 Updates from liquidity providers: Bitcoin & gold

20:30 COMEX formed 50 years ago, Fed intervention in gold started…50 years ago

31:11 Rising tensions in the Middle East & China’s holiday season impact 

33:33 Big move coming for silver? 



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