In this week’s Live from the Vault, Andrew Maguire details how China´s gold accumulation and the expanding Hong Kong SGE physical corridor are forcing a repricing of gold, while global central bank holdings overtake US Treasury reserves.
As the Fed finds itself increasingly trapped between shrinking paper liquidity and rising physical demand, Andrew examines whether Bessant´s push for lower yields is a policy error, or a signal that gold revaluation is closer than markets think.
Timestamps:
- 00:00 Start
- 02:37 Why gold´s breakout is structural, not driven by headlines
- 06:34 China´s 20-tonne July purchase and what the unreported flows reveal
- 10:06 How Hong Kong´s new exchange is already pulling gold east
- 14:54 Why London´s tokenised gold push is a defensive move, not a solution
- 19:47 The Fed´s trapped position. Is revaluation the only exit?
- 24:12 Why gold has overtaken US Treasuries as the world´s top reserve asset
- 28:08 Bessant´s yield push: major policy error or gold revaluation trigger?
- 33:16 Short-term chart footprints and where physical support is building
- 37:25 Silver´s setup: why a break above the 200-day opens blue sky above $100
Source: Fxstreet.com
