Live From The Vault - Episode: 237

China’s Gold Standard to Topple LBMA

In this week’s Live from the Vault, Andrew Maguire explains how extreme stress in COMEX's gold settlement mechanism forced emergency bullion deliveries, exposing the fragility of paper markets and the threat of systemic failure in global gold pricing.

Andrew reveals how Basel III-compliant exchanges across China are replacing the LBMA’s dominance, as global liquidity shifts towards physical settlement, with central banks preparing for a dramatic gold revaluation that could reshape monetary order.

Timestamps:

00:00 Start
03:02 Nixon Shock anniversary highlights the fragility of fiat money
10:30 EFP imbalances show Comex reliability issue, prompting NSFR compliance 
18:43 COMEX paper market fragility risks triggering systemic failure
25:44 Fed prepares US Treasury gold price adjustment amid leadership change
30:34 Question from Kerry: Smaller nations adopting silver as reserve asset?
32:43 LBMA losing grip, real silver price emerging globally

Source - Kinesis Money YouTube: https://www.youtube.com/watch?v=-EF4H8X5Fik

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.