Andrew Maguire: LBMA Price 'Fix' Rocks the Gold Market
Kinesis Money, Released on 5/6/22
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.
00:00 Start01:47 A technical market review of April06:27 The real war on gold - the bigger picture09:01 LBMA fix price - exposed after global physical demand17:11 Will the commoditisation of the Ruble be bearish for gold & silver?23:10 The illusion of silver fixed price and the paper algorithm28:19 Casino COT report - no surprises there
Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund managers, bullion banks, directors and metal traders globally.
Andrew Maguire: LBMA Price 'Fix' Rocks the Gold Market added by Herman James on 05/05/2022View all posts by Herman James ?+'