Episode 59:

Gold & Silver ETF flywheel - OUT OF CONTROL

In this week’s Live from the Vault, Andrew Maguire reveals the two main reasons behind the current bullish change of behavior in gold and silver and elaborates further on the fragile ETF flywheel, as gold is set to rally.

The precious metals expert continues to monitor the influence of Basel III on the markets and explains the mechanisms behind the futures backwardation in response to the further tightening physical supply.

00:00 Start

02:00 January 2022 Summarised

09:00 Andrew’s thoughts on COMEX and BIS OpEx expiry

12:50 Is Basel III still a positive influence?

15:35 Silver opportunities - almost too good to be true!

23:45 Andrew elaborates on ETFs

29:30 Bank of America’s naked short silver futures position

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.