Episode 84: Live From The Vault

Why you shouldn’t invest in ETFs

In this week’s Live from the Vault, Andrew Maguire explores the dubious practices in the ETF market, shedding light on the widespread integrity breaches and rehypothecation of the largely undeliverable, double-counted gold bullion.

The London wholesaler thoroughly explains how misled ETF investors expose themselves to the tremendous counterparty risk while unknowingly empowering the physical gold price suppression.

Timestamps

00:00 Start

01:40 Picking up the last week’s thread. Summing up the short-term action

10:50 COMEX-driven backwardation has led to them exposed by EFPs to delivery outflows

17:50 Questioning the integrity of the ETF gold and silver investment

26:30 Major ETF embarrassment on CNBC camera

37:45 Taking a closer look at the silver ETF (SLV)

39:30 Ukraine selling its physical gold holdings

42:05 Basel III - Banks holding counterparty risk forced to comply with NSFR standards

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.