The Apocalyptic 8000-Tonne Gold Miscalculation
In this week’s episode of Live from the Vault, Andrew Maguire examines just how close we came to a pivotal black swan event - that could have potentially triggered an irrevocable gold reevaluation - amid last week’s tensions in Russia.
The London wholesaler investigates whether the Federal Reserve miscalculated its gold-buying approach and is running out of tools to keep a synthetic cap on prices, as central banks’ massive gold-buying spree takes place around the globe.
00:00 Start
01:15 Latest precious metals market update
04:30 How close did we come to a black swan event last weekend?
08:30…
The skinny
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