China boosting bullion purchases - pushing gold prices higher

 

Episode 175 of Live from the Vault is now live.

Beijing Boosts Bullion Buying

China boosting bullion!

Live from the Vault: Episode 175.

In this week’s episode of Live from the Vault, Andrew Maguire sounds the alarm on China’s advanced dedollarisation progress, and sheds light on the market drivers of gold demand that you won’t hear about in the mainstream media.

Outlining what to expect from the end of this year’s second quarter, the London whistleblower takes listeners through the action that could take gold to $3000 an ounce, before delivering crucial updates on silver and the BRICS currency.

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Timestamps 

00:00 Start 

01:37 End of May action and the next stairstep

11:00 China’s dedollarisation progress going mainstream

17:45 What Andrew sees for the end of Q2 next month

24:30 The shortened gold delivery timelines 

30:45 It isn’t just the central banks driving demand 

35:00 What about the silver market?

39:00 Update on the BRICS currency

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Authored by Kinesis Money via ZeroHedge May 31st 2024