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Gold’s halo shines spotlight on Silver [Video]

In this week’s Live from the Vault, Andrew Maguire explains how gold´s status as a globally recognised reserve asset is now shining a direct spotlight on silver´s undervaluation, as central banks accelerate their conversion of dollars into physical gold.

With COMEX open interest at historic lows and a persistently high Shanghai silver premium exposing Western market´s inability to deliver, the precious metals expert outlines why he sees a physically driven repricing of gold and silver as inevitable.

Youtube preview

Timestamps:

  • 00:00 Start
  • 01:28 COMEX open interest falls as institutional exodus to physical markets grows
  • 05:06 Yuan-to-gold convertibility and the end of dollar-settled pricing
  • 12:34 Central banks cut Treasury holdings as de-dollarisation accelerates
  • 17:11 China´s market reopening triggers immediate gold and silver rally
  • 21:17 Silver coiled for breakout as PBOC absorbs global supply
  • 28:57 London silver benchmark loses grip as Shanghai premium persists at 13%
  • 32:31 COMEX May silver deliveries exposed at mismatched prices

Author

Samuel Briggs

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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