LBMA blindsided by Russia buying physical gold [Video]
|In the first Live from the Vault of 2023, Andrew Maguire reports on Russia’s Sberbank issuing its first gold-based blockchain asset in a game-changing manoeuvre that might instigate further de-dollarization of commodity trading.
The precious metals expert provides an in-depth commentary on the LBMA’s recent presentation on physical silver, which has indeliberately exposed some of the market's price-setting machinations.
Timestamps
00:00 – Start.
01:45 – Picking up the last year’s thread & entering 2023.
04:25 – LBMA’s webinar on silver. Is TD Bank short-selling gold?
10:45 – The real problem with paper-to-physical-silver leverage.
16:15 – Russian Sberbank is tokenizing physical gold!
27:30 – The question of seasonality and what to expect in 2023?
28:15 – Fresh insight on the COT report - is it worth looking at?
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