The apocalyptic 8000-tonne Gold miscalculation [Video]
|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 revaluation - 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.
Timestamps
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00:00 Start
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01:15 Latest precious metals market update
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04:30 How close did we come to a black swan event last weekend?
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08:30 The largest central bank buying spree in over 200 years
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13:00 Has the Fed miscalculated when buying gold?
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16:45 The split in the speculator category
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21:30 Stacking? Here’s what you should expect in the short-term
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29:30 The strange action happening with Silver
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