The battle of the Gold whales [Video]

Samuel Briggs Kinesis Money

In this week´s Live from the Vault, Andrew Maguire reaffirms his year-end gold target and reveals what he sees as a developing paper versus physical battle between trading titans JP Morgan and Jane Street.

The precious metals expert explores how JP Morgan has rotated into SGE-aligned physical metal, while outlining why he believes Jane Street is using short calls to cap the gold price, leaving it exposed to a self-reinforcing short squeeze.

Timestamps:

00:00 Start
02:52 Stepping back from the noise: the bigger picture
10:46 Charts: gold´s historic decoupling from real yields
17:02 Inside the Commitment of Traders report: what the specs got wrong
25:05 The JP Morgan vs. Jane Street derivatives battle
33:56 Silver´s breakpoint: the level that could trigger a squeeze
40:30 Hong Kong´s gold gateway pulls bullion east
44:05 What the setup means heading into Q4

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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