Episode 59: Gold & Silver ETF flywheel – OUT OF CONTROL

• Kinesis Money
  In this week’s Live from the Vault, Andrew Maguire reveals the two main reasons behind the current bullish shift in gold and silver and elaborates further on the fragile ETF flywheel, with gold set to rally. The precious metals expert continues to monitor the influence of Basel III on the markets and explains the mechanisms behind futures market backwardation in response to ever-tightening physical supply.
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  00:00 Start
  02:00 January 2022 Summarised
  09:00 Andrew’s thoughts on COMEX and BIS OpEx expiry
  12:50 Is Basel III still a positive influence?
  15:35 Silver opportunities – almost too good to be true!
  23:45 Andrew elaborates on ETFs
  29:30 Bank of America’s naked short silver futures position

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