Episode 59: Gold & Silver ETF flywheel - OUT OF CONTROL

In this week’s Live from the Vault, Andrew Maguire reveals the two main reasons behind the current bullish change of behaviour in gold and silver and elaborates further on the fragile ETF flywheel, as gold is set to rally.

The precious metals expert continues to monitor the influence of Basel III on the markets and explains the mechanisms behind the futures backwardation in response to the further tightening physical supply.