|

White house signals Gold price revaluation [Video]

In this week’s Live from the Vault, Andrew Maguire details how China´s gold accumulation and the expanding Hong Kong SGE physical corridor are forcing a repricing of gold, while global central bank holdings overtake US Treasury reserves.

As the Fed finds itself increasingly trapped between shrinking paper liquidity and rising physical demand, Andrew examines whether Bessant´s push for lower yields is a policy error, or a signal that gold revaluation is closer than markets think.

Youtube preview

Timestamps:

  • 00:00 Start
  • 02:37 Why gold´s breakout is structural, not driven by headlines
  • 06:34 China´s 20-tonne July purchase and what the unreported flows reveal
  • 10:06 How Hong Kong´s new exchange is already pulling gold east
  • 14:54 Why London´s tokenised gold push is a defensive move, not a solution
  • 19:47 The Fed´s trapped position. Is revaluation the only exit?
  • 24:12 Why gold has overtaken US Treasuries as the world´s top reserve asset
  • 28:08 Bessant´s yield push: major policy error or gold revaluation trigger?
  • 33:16 Short-term chart footprints and where physical support is building
  • 37:25 Silver´s setup: why a break above the 200-day opens blue sky above $100

Author

Samuel Briggs

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

More from Samuel Briggs
Share:

Editor's Picks

AUD/USD remains below 0.7000 amid light trading

AUD/USD fills a modest bearish gap on Monday, but remains below 0.7000 in the Asian session amid holiday-thinned liquidity. The US Dollar attempts a bounce even as US bond yields pull back from multi-year highs, limiting the pair. Moreover, diminishing odds of another RBA rate hike in November cap the Aussie.

USD/JPY hovers above 158.00 amid Japan/ US holiday

USD/JPY extends its range-bound price action into a new week, trading above 158.00 as bulls remain on high alert amid speculation that authorities will step in to prop up the Japanese Yen. Meanwhile, softer US bond yields keep US Dollar bulls on the back foot and cap the pair's upside. However, geopolitical uncertainties could limit losses for the safe-haven buck amid thin liquidity due to a holiday in Japan and the US.

Gold remains vulnerable below $4,200 on Fed hike bets

Gold is under mild selling pressure on Monday, trading at around $4,170. The US Dollar advances modestly in thin trading, supported by bets that the Federal Reserve will hike rates at least one more time before year-end.

Bitcoin struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin hovers around $83,600 on Monday after a 3.1% correction last week. US-listed spot ETFs recorded an outflow of $681.10 million last week, snapping the three-week inflow streak. Geopolitical uncertainty and mixed signals keep investors cautious.

The week ahead: A critical week as earnings and CPI test market

The Oil price is relatively stable this morning, and US and European stock markets are poised to open higher, as risk sentiment shrugs off an escalation in the Middle East and concerns about rising bond yields.

Has Bitcoin really escaped the macro forces it was built to fight?
Over 17 years ago, Satoshi Nakamoto designed Bitcoin (BTC) on the back of a global financial crisis as an alternative to the global monetary system outside the control of central banks, governments and traditional intermediaries. This raises a key question: has Bitcoin really become independent of the macroeconomic forces it was built to challenge?