
The apocalyptic 8000-tonne gold miscalculation
In this week’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 week’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 banks’ massive gold-buying spree takes place around the globe.