In this week’s Live from the Vault, Andrew Maguire revisits his gold price prediction, now close to materialising as gold hits record highs, with rising physical demand pushing prices higher despite persistent suppression efforts.
With central banks ramping up gold accumulation, short sellers are facing growing pressure, while the Basel III compliance deadline accelerates the shift to physically-backed assets, making price suppression increasingly unsustainable.
00:00 Start
02:10 Andrew predictions coming true - gold’s explosive momentum!
08:06 Unprecedented demand reshaping the market
16:45 Central bank gold accumulation continues to intensify
21:18 Gold price manipulation and physical market influence
24:01 Buyers pay enormous premiums for deliverable gold
33:02 Is silver on the cusp of potential breakout?
44:55 Gold’s path to $3,000; from sovereign demand to BRICS influence
Source - Kinesis Money YouTube:
https://www.youtube.com/watch?v=L74N9RO7bvM
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.