The fog of war hides dying COMEX [Video]
In this week’s Live from the Vault, Andrew Maguire highlights mounting evidence of the COMEX and LBMA losing control over gold pricing, with institutional investors moving away from paper markets and steady physical buying increasingly driving value, as sharp price swings fail to shake long-term demand.
The precious metals expert points to rising global moves away from the dollar, stronger central bank buying, and tightening silver supply, showing how ongoing geopolitical tensions and a weakening dollar are supporting higher gold and silver levels, as physical demand continues to absorb selling pressure.

Timestamps:
- 00:00 Start
- 01:28 Comex open interest collapse signals structural breakdown
- 05:04 LBMA and CME price benchmarks losing influence
- 08:24 Sudden sell-offs and what is really driving them
- 12:08 Strung physical demand pushing back against price drops
- 20:29 Key global trends supporting gold and silver
- 29:11 Rising central bank buying & de-dollarisation shift unfolding quietly
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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