fxs_header_sponsor_anchor

Analysis

China’s covert golden war chest [Video]

In this week’s episode of Live from the Vault, Andrew Maguire addresses the community’s burning questions, offering unmatched insights into the short-term market movements and the hidden forces shaping the precious metals landscape.

The renowned London whistleblower guides listeners through China’s covert manoeuvres influencing the price of gold, concluding with a forecast of silver’s potential for a significant rally, as we enter Q3.

Timestamps

  • 00:00 Start
  • 01:45 What we’re seeing in the market right now
  • 09:00 Is the PBOC’s pause on buying gold a risk?
  • 15:15 Would a failure to deliver take down the entire banking system?
  • 20:00 How the Chinese market operates
  • 31:00 What are we seeing in the short term?
  • 39:00 Silver coiling for a catch-up rally

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.