Silver stackers unite. China takes swing at LBMA
In this episode, Andrew Maguire explains the market forces behind the recent gold and silver rally and sheds light on the extremely bullish open interest structure of the latest COT report.
The precious metals expert explores the significance of China’s move to open up gold imports and the huge implications for the LBMA and the price of gold.
With a rallying cry to the precious metals community, Andrew Maguire calls upon everyone to join the global movement and buy physical silver on May 1st – cranking up the pressure on the already-strained paper markets.
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).
