Live From The Vault - Episode: 106

LBMA blindsided by Russia buying physical gold

In the first Live from the Vault of 2023, Andrew Maguire reports on Russia’s Sberbank issuing its first gold-based blockchain asset in a game-changing manoeuvre that might instigate further de-dollarisation of commodity trading.

The precious metals expert provides an in-depth commentary on the LBMA’s recent presentation on physical silver, which has indeliberately exposed some of the market's price-setting machinations.

Timestamps

00:00 Start

01:45 Picking up the last year’s thread. What to expect in 2023?

04:25 LBMA’s webinar on silver. Is TD Bank short-selling gold?

10:45 The real problem with paper-to-physical-silver leverage

16:15 Russian Sberbank is tokenizing physical gold!

27:30 The question of seasonality and what to expect in 2023?

28:15 Fresh insight on the COT report - is it worth looking at?

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.