Andrew Maguire: Russia Sanctions Backfire. LBMA Banks Take Cover!

By Herman James / April 08, 2022 / marketsanity.com / Article Link

Kinesis Money, Released on 4/8/22

In this week's Live from the Vault, Andrew Maguire unpacks the Bank of Russia's shocking decree, declaring the bank will accept only gold or gold-pegged Ruble payments for oil, energy and commodities. The precious metals expert explains how Russia's attempts at bypassing recent sanctions could trigger huge arbitrage opportunities and bolstering the Ruble's value in the process.

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: Russia Sanctions Backfire. LBMA Banks Take Cover! added by Herman James on 04/07/2022View all posts by Herman James ?+'

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