Episode 129
Posted 30th juni 2023

The apocalyptic 8000-tonne gold miscalculation

In this weekā€™s episode of Live from the Vault, Andrew Maguire examines just how close we came to a pivotal black swan event – that could have potentially triggered an irrevocable gold reevaluation – amid last weekā€™s tensions in Russia.

The London wholesaler investigates whether the Federal Reserve miscalculated its gold-buying approach and is running out of tools to keep a synthetic cap on prices, as central banksā€™ massive gold-buying spree takes place around the globe.

Andrew Maguire

Host

Andrew Maguire has almost 50 yearsā€™ 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).

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