Episode 42
Posted 16th Juli 2021

LBMA stalling antics won’t stop the gold rush

In this week’s Live from the Vault, Andrew Maguire sheds some light on the Bank of England’s attempt at carving out an exemption from the Basel III compliance. The precious metals expert explains the implications of this LBMA accommodation and whether or not it’s capable of freeing gold loans and leases from Basel III and capital requirements.

Andy Maguire also confirms his position on his bullish outlook on gold and explains what we can expect in the precious metals market in the upcoming months, as we’re observing the extended Basel III window slowly closing.

Andrew Maguire

Precious metals expert & whistleblower

Andrew Maguire is a well-known figure in the precious metals industry, primarily recognised as a whistleblower and expert on gold and silver markets. With nearly 50 years of experience as a commodities trader, he has become a key voice on market manipulation in the precious metals sector, particularly within the COMEX (Commodity Exchange) markets.

As an independent Loco London metals trader and analyst, Maguire has delivered Precious Metals Advisory and Trading services to international hedge fund managers, bullion banks, metal traders, and some of the world’s largest financial institutions. His established relationships with regulatory bodies, including the U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ), as well as the UK’s Financial Conduct Authority (FCA), underscore his trusted role in the industry.

In 2010, Maguire brought global attention to silver market manipulation through a whistleblower testimony to the CFTC, cementing his reputation as a highly credible authority in the precious metals community.

Today, he continues to provide his insights into precious metals and financial markets as a regular commentator on the Live from the Vault podcast, where he explores trends and developments shaping the global financial landscape.

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