In this week’s episode of Live from the Vault, Andrew Maguire breaks down the structure behind the new “sanction-proof” BRICS gold-backed world settlement currency, and provides a teaser ahead of the upcoming BRICS Plus summit.

The whistleblower digs deeper into gold’s potential as a first-tier asset class alternative to high counterparty-risk US treasuries, and shares his thoughts on how the Federal Reserve has been so wrong-footed by gold in recent months.

 

Timestamps

00:00 Start

03:00 An update on short-term price action for gold and silver

06:15 Evidence that gold is being employed as “fire insurance” against risk?

13:52 Gold’s classification as a first-tier asset class

18:05 Speculators being wrong-footed by delayed COMEX reporting

23:13 A teaser ahead of the BRICS summit on 23-25 August

25:56 A new world economic order?

30:30 How did the FED get gold so wrong?

38:12 Are the US being pressured into complying with Basel III NSFR standards?

This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD holds sizeable gains near 1.0900 on German fiscal optimism

EUR/USD holds sizeable gains near 1.0900 on German fiscal optimism

EUR/USD holds sizeable near 1.0900 in European trading on Tuesday. Improved risk appetite, sustained US Dollar weakness and German Greens predicting a spending deal this week power the pair's upsurge ahead of US JOLTs data and US-Ukraine Summit.

EUR/USD News
GBP/USD extends gains above 1.2900 amid sustained US Dollar weakness

GBP/USD extends gains above 1.2900 amid sustained US Dollar weakness

GBP/USD extends gains above 1.2900 in the European sessopn on Tuesday. The pair advances as the US Dollar remains pressured amid Trump's tariffs uncertainty and US recession fears. All eyes remain on the US jobs data and US-Ukraine Summitt for further impetus.  

GBP/USD News
Gold price climbs further beyond $2,900; reverses major part of Monday's fall to one-week low

Gold price climbs further beyond $2,900; reverses major part of Monday's fall to one-week low

Gold price builds on its intraday ascent beyond the $2,900 mark, hitting a fresh daily high during the first half of the European session and reversing a major the previous day's losses to a one-week low. Investors remain worried about the potential economic fallout from US President Donald Trump's trade tariffs and persistent geopolitical risks.

Gold News
The crypto market cap dips to $2.44 trillion while Mt. Gox moves 11,833 BTC worth $932 million

The crypto market cap dips to $2.44 trillion while Mt. Gox moves 11,833 BTC worth $932 million

The crypto market continued its ongoing downleg as the week started, as its market cap capitalization reached a low of $2.44 trillion on Tuesday, levels not seen since early November.

Read more
Gold price climbs further beyond $2,900; reverses major part of Monday's fall to one-week low

Gold price climbs further beyond $2,900; reverses major part of Monday's fall to one-week low

Gold price builds on its intraday ascent beyond the $2,900 mark, hitting a fresh daily high during the first half of the European session and reversing a major the previous day's losses to a one-week low. Investors remain worried about the potential economic fallout from US President Donald Trump's trade tariffs and persistent geopolitical risks.

Gold News
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

Majors

Cryptocurrencies

Signatures

Best Brokers of 2025