In this week’s Live from the Vault, Andrew Maguire outlines how recent market volatility has masked record central bank accumulation of gold and silver, as governments worldwide accelerate their conversion of dollar reserves into bullion. With Shanghai premiums hitting their highest level since 2008 and the Fed left as the only central bank still defending the dollar against gold, Andrew makes the case for why a sharp, physically driven rally in both metals is now firmly in place. Send your questions to Andy here: https://www.speakpipe.com/LFTV Timestamps: 00:00 Start 02:01 Central banks capitalise on recent volatility to accumulate physical gold 05:39 UAE exit from OPEC and what it means for the petrodollar 09:47 Gold overtakes US Treasuries as the top central bank reserve asset 14:04 Why the Fed is the only central bank still defending the dollar against gold 20:34 Chart footprints: where unleveraged physical buying overran leveraged sellers 27:08 Shanghai gold premium hits largest level since November 2008 32:07 How the Fed used borrowed gold to fuel momentum short selling 36:18 No leveraged longs left - what that means for gold and silver Sign up for Kinesis on desktop: https://kinesis.money/mr-k-gold-savings/ Download the Kinesis Mobile app - available App Store and Google Play: Apple: https://kms.kinesis.money/signup Google: https://play.google.com/store/apps/de... Also, don’t forget to check out our social channels where you can stay up to date with all the latest news and developments from the team. X: / kinesismonetary Facebook: / kinesismoney Instagram: / kinesismoney Telegram: https://t.me/kinesismoney TikTok: / kinesismoney The opinions expressed in this video by Andrew Maguire and any guest are solely their own and do not reflect the official policy, position, or views of Kinesis. The information provided is for general informational purposes only and does not constitute investment advice, financial advice, or any other type of professional advice. Viewers are encouraged to seek independent financial advice tailored to their individual circumstances before making any decisions related to the gold market or other investments. Kinesis does not accept any responsibility or liability for actions taken based on the content of this video.

 FED’s Gold Revaluation Nightmare begins… - LFTV Ep 277

Kinesis Money

# Full Transcript

**Podcast:** Kinesis Money

## Transcript

This shift proves gold is being treated as a strategic sovereign asset, not just a reserve holding. It's this simple. They now have to keep printing or we crash. We've got this ticking time bomb. Talking gold with the one and only Andrew McGuire. Welcome to Live from the Vault. Don't get caught up.

They're in the description and you never know your question may well be answered right here on Live from the Vault. So let's head over to the UK and talking gold with Andrew McGuire. All right, Andrew, following our discussion about the gold and silver bottom being in, I think our subscribers will be happy with this episode in particular. And why is that? Because we've had so many questions about targeted, you know, this targeted overshoot of that 200 DMA.

And I guess the biggest question is who was behind it and what does it mean going forward? Can you kind of catch us up here and bring us up to date on what you're seeing right now? Yeah. Hi, Shane. Hi, everybody. Yes. And thank you for all your questions. I'm sorry I couldn't get to. There was two or three others I really wanted to get to. I'll do it next week because there's some really good ones there.

But I mean, let's because let me kind of like there were so many questions about what we just discussed here about the bottoming action and who was behind it and all that kind of stuff. So let's have a look. And we'll start by stepping through. What was really a really extremely overdue capitulative gold and silver bottoming action?

And that will I start with the larger picture and then really what to expect more immediately as well, because I know that's important. Now, in the larger picture, we'll just deal with that quickly first. Now, while the mechanically correlated cross asset moves in gold versus the dollar, that is oil and bonds, etc.

And having weighed bearishly on and I will specify on synthetic gold and throughout this entire flip flop on off hundred and day, 110 days war cycle.

And it was on and off is all the time. I mean, but yet through this whole cycle, central banks, sovereign buyers and the wider cohort of Asian safe haven physical gold buyers have all along been capitalizing on this disconnect between paper pricing and real assets. Well, no surprise. Well, no surprise. Paper pricing is 100 to one real assets, real and real physical assets on leverage.

So what they've been doing this whole time is adding very large size. Both transparently, as well as central bank to central bank, unreported monetary gold purchases. And we know, as we discussed last time, we know that when India put their gold up, it was leased to the PBOC. It is being bought back, you know, so so essentially none of this ever hits the market.

So so people that talk about, oh, they've sold. No, actually, what gold did was act as the perfect safe haven because it was able to be cashed in instantly for for for to to to to meet your dollar shortfall...

FED’s Gold Revaluation Nightmare begins… - LFTV Ep 277

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

FED’s Gold Revaluation Nightmare begins… - LFTV Ep 277

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.