In this week’s Live from the Vault, Andrew Maguire takes calls from the community, answering pressing questions about gold’s rally driven by strong Asian and BRICS demand amid limited Western speculative activity, and other key topics.
Andrew also discusses the impact of Basel III regulations starting 1st of July, which are accelerating physical gold repatriation, alongside China’s expanding global gold settlement system — signalling a major shift in gold ownership and pricing.
Timestamps:
- 00:00 Start
- 03:03 Why gold continues to rally without speculative interest from the West
- 07:04 Physical gold sets the price as COMEX loses its grip on market control
- 15:40 Lawrence asks about the Basel III effects on the COMEX, LBMA and gold
- 25:28 Mitchell asks about China’s gold vault in Saudi Arabia and its impact globally
- 33:57 Lawrence asks how far big players can drive silver lower on the COMEX
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