The Dawn of the Silver Yuan - LFTV Ep 259
In this week’s Live from the Vault, Andrew Maguire examines how last Friday’s price drop in gold and silver showed the market had reached a turning point, with physical holders staying firm while derivative trading caused most of the decline.
The London wholesaler explains how Chinese regulators and strong buying at the Shanghai Gold Exchange are stabilising markets, prompting momentum shorts to cover and laying the groundwork for a structurally supported rally in both metals.
Send your questions to Andy here: https://www.speakpipe.com/LFTV
Timestamps:
00:00 Start
01:46 Derivative silver…
The skinny
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