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China lights Fort Knox Gold revaluation fuse [Video]

Samuel Briggs Kinesis Money

In this week’s Live from the Vault, Andrew Maguire explores reports on how gold has overtaken US Treasuries as the world's top reserve asset, as central banks lose trust in dollar-based systems and accelerate repatriation of their sovereign assets.

With Fort Knox back under scrutiny following the launch of the Hong Kong SGE gold link, the precious metals expert reveals why a full audit of US gold reserves looks imminent, while the gold revaluation process has already begun.

Timestamps:

00:00 Start
03:40 Hong Kong-SGE launch puts Fort Knox back under scrutiny
10:53 Gold overtakes Treasuries as the world's top reserve asset
14:44 How China quietly accumulated 40,000+ tons of Western physical gold
18:25 Why Hong Kong marks a structural reset, not just another gold venue
28:17 Reading the charts: why the short squeeze is coming
36:10 Laos adopts the SGE price standard as de-dollarisation spreads
41:16 CME's desperate 24-hour futures gambit to stay relevant

Author

Samuel Briggs

Kinesis Money

Samuel holds a deep understanding of the precious metals markets, and as an in-house journalist for 1:1 gold and silver-backed monetary system, Kinesis, he is chiefly responsible for updating the community with insights and analys

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9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?

The rate did not move. Neither did the statement, and that’s the more interesting fact. Set the July 29 Federal Open Market Committee (FOMC) statement beside the one issued on June 17, and the two documents are identical apart from a single verb and a paragraph at the bottom naming three dissenters.

China lights Fort Knox Gold revaluation fuse [Video]

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GBP/USD advaces beyond 1.3450 after BoE decision, US Q2 GDP

EUR/USD confortable around 1.1530, highest in six weeks

Gold recovers the $4,100 level as US Dollar weakens further

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The FOMC: Rates left on hold; dollar falls as Warsh fails to vote for hike

9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?

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