China's Indian Gold Grab
In this week’s Live from the Vault, Andrew Maguire explains why gold futures markets are now visibly breaking down, as China steadily corners the physical gold market while central banks worldwide accelerate accumulation at an unprecedented scale.
The precious metals expert outlines why he believes the largest transfer of physical gold and silver ever recorded is already underway, as gold continues to trade below its physical equilibrium price and silver has yet to reflect true demand.
Timestamps:
00:00 Start
01:29 How gold futures markets were designed to suppress the gold price
08:00 The 200-day moving average - what it really represents and who uses it
14:37 Basel III accelerates the breakdown of 50 years of gold price management
20:11 How speculative positions drive gold above and below its real value
28:38 Position limits, exemptions and who really controls the gold market
35:17 Gold overtakes US Treasuries as the largest central bank reserve asset
42:43 China's physical demand drives silver higher as leveraged sellers lose control
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The opinions, analyses, and predictions expressed by Andrew Maguire and any guests in this content are their own and do not necessarily reflect the views, positions, or official policies of Kinesis.
This information is provided for informational purposes only and should not be considered financial advice. Kinesis assumes no responsibility for any investment or financial decisions made based on the information provided. Please consult with a qualified financial advisor for personalised guidance.