Episode 82: Live From The Vault

The Day The Silver Market Broke

In this week’s Live from the Vault, Andrew Maguire inspects the fractures on COMEX’s price-setting mechanism, revealing the gaping divergence between the paper and physical silver markets.

The lifelong wholesaler looks closer at the unprecedented degree of gold and silver futures price backwardation, with the heavily oversold naked shorts bubble ready to burst.

Timestamps

00:00 Start

02:35 Andrew is recapping the past two weeks in gold and silver

08:45 EFP backfire in the making

15:40 The large Indian gold market smuggling

17:05 COMEX evidencing tonnes of gold outflows

22:25 Silver market-hedging mechanism broken

34:50 Andrew, where do you see the prices of gold and silver moving to?

43:55 If the COMEX is broken - what’s next?

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.