In this week’s Live from the Vault, Andrew Maguire examines the recent gold retracement rally, driven by physical demand reclaiming control from speculative momentum traders, and delves into the central banks’ quiet revaluation process.

Andrew also highlights China’s strategic gold acquisitions and the PBOC’s game-changing efforts to bolster the yuan with gold-backed reserves, while Basel III pressures heighten risks of a COMEX default amid soaring delivery demands.

Ask your questions for Andy here: https://forum.kinesis.money/forums/questions-for-lftv-live-from-the-vault.80/
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Timestamps:
00:00 Start

01:40 Andrew discusses the recent gold retracement rally

06:50 Gold chart: Andrew’s analysis of recent price action

16:45 Gold chart: Short-term market outlook

20:20 Andrew on China’s gold purchases and PBOC efforts

32:45 Could a Sino-Russian currency revalue global gold reserves?

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