Craig Hemke & Andrew Maguire: COMEX is a Ticking Time Bomb
Kinesis Money, Released on 8/5/22
In this week's Live from the Vault, Andrew Maguire is joined once again by Craig Hemke, founder of the TF Metals Report, to discuss the Fed's refusal to accept the US is slipping into a recession. The two industry allies contemplate the approaching end of the COMEX's confidence scheme, as investors wake up to widespread spoofing and join the mass exodus to fairer alternatives.
00:00 Start01:25 Craig Hemke & Kinesis' " gold and silver swindle" video soon reach 1M views!04:35 About post-pandemic stagflation and reaching neutral GDP08:30 The US in recession, Powell in denial.10:05 Game of short and long contracts17:30 Never seen the house this long and the specs this wrongfooted!21:15 JP Morgan is exiting its silver shorts25:25 House account of Bank of America had been stopping gold contracts all year long27:20 COMEX's hedging mechanism is broken!31:10 The Confidence Scheme - people are waking up, exiting the space34:45 EFPs - how many tonnes have exited this month in gold?38:55 Remember - physical, physical, physical...41:40 It's a PSYOP! What is the key to ending this scheme?44:15 Don't go buying 100 shares of the GLD thinking you own physical gold.48:25 Where can we find Craig Hemke? Join the community, protect yourself!
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.
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.
Craig Hemke & Andrew Maguire: COMEX is a Ticking Time Bomb added by Herman James on 08/04/2022View all posts by Herman James ?+'