What Hong Kong’s exchange means for the price of Gold [Video]

Samuel Briggs Kinesis Money

In this week’s Live from the Vault, Andrew Maguire is joined by Ivan Bayoukhi of Wall Street Bullion to examine the US midterm results, the recent selloff in Gold and Silver, and the implications of Hong Kong’s new exchange for global precious metals pricing.

The two experts compare today’s market with the lead-up to gold’s Basel III reclassification in 2023, a shift that was followed by a strong rally, before turning to a proposed gold-convertible US Treasury bond that would force America to reprice its gold.

Timestamps

00:00 Start.

01:31 US midterm results and the reaction in Gold and Silver.

03:48 Hong Kong’s physically settled Gold market and its planned global launch.

06:14 The parallel with gold’s Basel III reclassification.

11:54 The search for a real gold and silver price.

17:44 Foreign-held US Treasuries, Judy Shelton and Gold repricing.

24:41 Why gold and silver should not be measured in Dollars.

28:31 What other Silver and Gold analysts are doing.

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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