Samuel Briggs via Kinesis
In this week’s Live from the Vault, Andrew Maguire reveals a glaring LBMA price fix is wreaking havoc on the gold market, after a tidal wave of global physical demand.
The precious metals expert speaks on Russia's action to strengthen the Ruble with physical backing and whether increasing demand will be the hair-trigger for a global gold price reset.
Timestamps
00:00 Start
01:47 A technical market review of April
06:27 The real war on gold - the bigger picture
09:01 LBMA fix price - exposed after global physical demand
17:11 Will the commoditisation of the Ruble be bearish for gold & silver?
23:10 The illusion of silver fixed price and the paper algorithm
28:19 Casino COT report - no surprises there
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