The apocalyptic 8000-tonne Gold miscalculation [Video]

Samuel Briggs Kinesis Money

In this week’s episode of Live from the Vault, Andrew Maguire examines just how close we came to a pivotal black swan event - that could have potentially triggered an irrevocable gold revaluation - amid last week’s tensions in Russia.

The London wholesaler investigates whether the Federal Reserve miscalculated its gold-buying approach and is running out of tools to keep a synthetic cap on prices, as central banks’ massive gold-buying spree takes place around the globe.

Timestamps

00:00 Start
01:15 Latest precious metals market update
04:30 How close did we come to a black swan event last weekend?
08:30 The largest central bank buying spree in over 200 years
13:00 Has the Fed miscalculated when buying gold?
16:45 The split in the speculator category
21:30 Stacking? Here’s what you should expect in the short-term
29:30 The strange action happening with Silver

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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