Andrew Maguire: The COMEX Clown Show Attracts Unwelcome Guests

Kinesis Money, Released on 9/23/22

In this week's Live from the Vault, Andy Maguire takes a longer look at the extreme backwardation of the gold and silver futures market, carefully analysing the steps taken by the new, foreign buyers who are now competing with COMEX's insiders. The precious metals expert has a close eye on the agnostic deep-pocket entity that is taking advantage of the unprecedented, risk-free arbitrage opportunity currently sweeping through the market.

00:00 Start01:05 Picking up last the week's threads05:45 What are the silver sharks up to now?12:30 Gold futures gap close. Insiders are tricking traders...16:45 June 2020 & WSS' February 2021 rallies. What's different this time?26:30 Agnostic money vs Plain-vanilla risk-free silver backwardation

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: The COMEX Clown Show Attracts Unwelcome Guests added by Herman James on 09/22/2022View all posts by Herman James ?+'