Why did the gold price fall? What’s next for silver?
In this week’s deep dive into the gold and silver markets, Andrew Maguire breaks down the recent counterintuitive price action in gold, before disclosing tonnes of unprecedented physical delivery requests for November and December Gold Futures contracts.
The precious metals expert explains why the CME and LBMA’s latest price containment strategy is destined to fail, as well as revealing the silver price point insiders will need to quickly stem backwardations.
Andrew Maguire
Host
Andrew Maguire has almost 50 years’ experience working in the precious metals industry as an independent Loco London metals trader and analyst, where he has provided Precious Metals Advisory and Trading services for international hedge fund managers, bullion banks, directors, metal traders and many of the largest global institutions.
Andrew has built strong relationships with US and UK regulatory bodies, having worked as an advisor for the Commodity Futures Trading Commission, (CFTC) and the Department of Justice, (DOJ). In the UK, Andrew is currently providing advisory services to the UK and the Financial Conduct Authority, (FCA).
