x
Black Bar Banner 1
x

Welcome to Markethive

Ep.36 Live from the Vault: Silver stackers unite. China takes swing at LBMA.

Posted by Simon Keighley on April 26, 2021 - 10:23am

Ep.36 Live from the Vault: Silver stackers unite. China takes swing at LBMA.

Ep.36 Live from the Vault: Silver stackers unite. China takes swing at LBMA.

In this episode, Andrew Maguire explains the market forces behind the recent gold and silver rally and sheds light on the extremely bullish open interest structure of the latest COT report.

The precious metals expert explores the significance of China’s move to open up gold imports and the huge implications for the LBMA and the price of gold.

With a rallying cry to the precious metals community, Andrew Maguire calls upon everyone to join the global movement and buy physical silver on May 1st - cranking up the pressure on the already-strained paper markets.

00:00​ Start

01:15​ Basell III looms

06:49​ Official exit short positions into rally

10:17​ CTO report and unallocated position squaring = bullish

15:00​ What’s behind the gold and silver rally?

18:19​ Bullish footprints short term and long term

21:04​ Major drivers for gold this year

29:11​ China makes power play again LBMA - is the price containment game up?

36:43​ Silver stackers unite! Join the silver raid - May 1st

Kinesis

 

 

ecosystem for entrepreneurs