In this week’s Live from the Vault, Andrew Maguire is joined by Alasdair Macleod to reveal how silver is quietly moved through private channels - largely controlled by China - keeping real supply and demand hidden from the open market.
Timestamps:
- 00:00 Start
- 02:20 Andrew introduces Alasdair Macleod
- 03:55 Silver breaks out as warehouse stocks reach critical lows
- 10:55 EFP values distorted; China continues strategic silver stockpiling
- 18:50 Major Asian buyers quietly acquiring precious metals by the billion
- 27:25 Echoes of the 1970s: Historic parallels in gold accumulation
- 32:25 BRICS currency risks and the rise of an East Asian supergroup
- 37:05 What the whales and central banks are really doing behind the scenes
- 43:30 How central bank leasing and double-counting threaten a crisis
- 47:15 The Fed’s covert borrowing of gold from the BIS
- 51:40 Alasdair’s journey: Decades of decoding precious metals market behaviour
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