Beijing fortifies a rising gold price

In this week’s episode of Live from the Vault, Andrew Maguire guides listeners through the latest developments around the new BRICS currency, surging Chinese gold demand, and pivotal findings from the IMF’s latest report.

The seasoned precious metals expert addresses the community’s fervent questions on the escalating paper vs. physical gold battle, while providing crucial updates on the short-term market outlook.

IMF Link: https://www.imf.org/en/News/Articles/2024/05/07/sp-geopolitics-impact-global-trade-and-dollar-gita-gopinath

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

Timestamps:
00:00 Start
01:45 Community question: where are we in the physical vs paper war?
11:45 The BRICS gold-backed currency
18:15 Will massive Chinese gold demand continue?
32:45 The latest International Monetary Fund report

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