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Russia Weaponises Gold - LBMA Under Siege!

Posted by Simon Keighley on August 29, 2022 - 9:41am

Russia Weaponises Gold - LBMA Under Siege!

Episode 88: Live From The Vault

Russia Weaponises Gold - LBMA Under Siege!

In this week’s Live from the Vault, Andrew Maguire highlights the possible implications of Russia’s plan to create its own international standard for the precious metals market by establishing a local LBMA-competing brand.

With global investors growing frustrated over the unnatural capping of the gold and silver prices, the London wholesaler provides further evidence of the COMEX’s broken pricing mechanism.

 

Timestamp

00:00 Start

01:25 Picking last episode’s threads

09:50 What’s going to happen in the silver market?

11:40 Russia is creating its own LBMA-competing brand!

24:42 Where is the short-term imbalance likely to play out?

35:10 About the new Russian gold and silver benchmark

43:15 Andrew’s predictions on the Russia-China alliance


 


 

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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