Live From The Vault: Episode 104

LMBA dealt Christmas silver wild card

In this week’s Live from the Vault, Andrew Maguire takes a glimpse into the smoke and mirrors world of the ‘LBMA cartel’, after allegations of global silver price fixing played right into the hands of member banks.

The London wholesaler provides an update on the 27th December BIS Options expiry position, revealing the wayward speculators staring at severe losses and gives an insight into the major market catalysts in 2023.

Timestamps

01:20 The erosion of the pestilent paper market

05:48 Are the “LBMA cartel” controlling the price of silver?

14:30 Could the price of silver potentially explode if gold comes under more buying pressure?

26:32 An update on the BIS Bank of International Settlements footprint

33:35 A look ahead to 2023

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.