Ep.38 Live from the Vault: David vs Goliath – Andrew MaGuire — Wall Street Silver Targets 500:1 Overleveraged Market
- Kinesis Money
This week, Andrew Maguire targets the crucial stairsteps for gold and silver amidst the current volatile mix of a strong dollar and rising bond yields, and offers a marketwide update heading into a fast-closing Basel III window. The precious metals expert breaks down the CME’s seemingly counterintuitive decision to reduce margins into a rising gold price, and shares price expectations for gold and silver ahead of next week’s BIS options expiry. Turning to the silver squeeze, the long-time wholesaler runs through the knock-on effect of Reddit-driven physical silver demand forcing discipline on the 500-1 leveraged paper markets.
end