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The FED TRUMPED! Gold to Rally

Posted by Simon Keighley on November 18, 2024 - 9:40am

The FED TRUMPED! Gold to Rally

Live From The Vault - Episode: 199

The FED TRUMPED! Gold to Rally

In this week’s Live from the Vault, Andrew Maguire examines how Trump’s election spurred a market rush into risk assets, triggering automated sell-offs in gold and silver, while central banks capitalised on price dips to accumulate gold.

Maguire discusses how the dollar’s weaponisation and missed diplomatic opportunities have accelerated BRICS nations’ de-dollarisation efforts, with gold-backed currencies emerging as a strategic alternative.

 

Timestamps:

00:00 Start

01:35 How Trump’s election win stirred market turmoil

07:40 Gold price chart: Central banks buying the dips

13:50 The Fed forced to cover short positions at higher prices

16:30 Gold price chart: Trump Trades, BIS report & Fed short-covering

22:15 How far will the gold and silver sell-off go?

27:50 Silver price chart: Surge in physical demand in Asia

31:10 BRICS & Trump: Missed opportunities fast-tracking BRICS plans


 


 

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.

 

 

 

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