Ep 84: Live From The Vault - Here's 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…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.