The biggest derivative shock since 2008 feat [Video]

Samuel Briggs Kinesis Money

In this week’s Live from the Vault, Andrew Maguire reviews what he calls the largest derivative-driven intervention since 2008 before welcoming Craig Hemke, highlighting extreme margin hikes and record bid–offer spreads that hid severe shortages.

Despite the engineered sell-off, Shanghai premiums stayed high, speculative positions were cleared, and institutional buying continued, reinforcing Andrew’s view that gold and silver remain on track within a strong bull market amid currency debasement.

Timestamps

00:00 Start.

01:24 100% derivative-driven silver and gold sell-off explained.

05:09 Bailout triggered to prevent collapse due to silver shortage.

10:26 Central banks and sovereigns return to buy during London Open.

18:25 Large institutional and central bank buying: China, Singapore, India.

24:09 Craig joins; market bailout and physical vs paper.

32:26 Perfect storm: margin calls, first notice day, derivative sell-off.

38:39 Hedge funds washed out; COMEX gold & silver at eight-month lows.

41:23 Momentum speculators and the bubble pop; physical vs screen prices.

48:19 Physical markets dominate; COMEX influence wanes.

54:15 Central bank demand and recurring 20% rallies; outlook remains bullish.

1:01:19 Silver rally, central bank demand, and the importance of auditing US gold.

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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