The argument for Silver has changed [Video]

Samuel Briggs Kinesis Money

In this week’s episode of Live from the Vault, Andrew Maguire is joined by returning guest Peter Grandich, author and former Head of Investment Strategy for a leading New York Stock Exchange firm.

The precious metals experts open with an overview of gold price manipulation and the mining space, before discussing the impact of Bitcoin, BRICS and the changing global order; they close with how Peter would weigh gold and silver in a portfolio.

Timestamps

00:00 - Start.

02:41 - Historical gold manipulation.

06:15 - Peter’s view of the mining space.

10:45 - Is Bitcoin a fellow traveler or another game for the Fed to play?

17:10 - The BRICS currency.

25:00 - Peter’s thoughts on the new multipolar trading world.

29:30 - BRICS accruing gold.

31:45 - The end of the European Union?

35:30 - The impact of US politics on the rest of the world.

37:30 - The Europe & US split.

44:00 - US National Debt

47:45 - How many people realise gold is a first-tier asset class?

50:00 - How would Peter weight gold and silver right now?

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

EUR/USD extends its optimism past 1.1900

EUR/USD retains a firm underlying bid, surpassing the 1.1900 mark as the NA session draws to a close on Monday. The pair’s persistent uptrend comes as the US Dollar remains on the defensive, with traders staying cautious ahead of upcoming US NFP prints and CPI data.

GBP/USD hits three-day peaks, targets 1.3700

GBP/USD is clocking decent gains at the start of the week, advancing to three-day highs near 1.3670 and building on Friday’s solid performance. The better tone in the British Pound comes on the back of the intense sekk-off in the Greenback and despite re-emerging signs of a fresh government crisis in the UK.

Gold picks up pace, retargets $5,100

Gold gathers fresh steam, challenging daily highs en route to the $5,100 mark per troy ounce in the latter part of Monday’s session. The precious metal finds support from fresh signs of continued buying by the PBoC, while expectations that the Fed could lean more dovish also collaborate with the uptick.

XRP struggles around $1.40 despite institutional inflows

Ripple (XRP) is extending its intraday decline to around $1.40 at the time of writing on Monday amid growing pressure from the retail market and risk-off sentiment that continues to keep investors on the sidelines.

Japanese PM Takaichi nabs unprecedented victory – US data eyed this week

I do not think I would be exaggerating to say that Japanese Prime Minister Sanae Takaichi’s snap general election gamble paid off over the weekend – and then some. This secured the Liberal Democratic Party (LDP) an unprecedented mandate just three months into her tenure.