As most of you know, each week I assist the good folks at Sprott Money with their "Weekly Wrap-up" segment. With Eric unavailable this week, I was able to line up a special guest appearance from our pal, Andrew Maguire. The resulting audio is an absolute must listen for everyone at TFMR and the greater metals community, at large.
Just a few of the topics addressed by Andy in this podcast:
- The resilience of paper prices, supported by the steady rise of wholesale prices in London
- The importance of the $1308 level in gold
- How physical-only exchanges like the SGE and ABX are changing the global gold market landscape
- The impact the new Shanghai Fixes are having on the spot market
- And much, much more.
Again, please take the time to listen and re-listen to this audio. The global gold market is far more vast than the Comex-centric wave-counters would have you believe. To understand it, you need wisdom and experience and we should all be grateful to Andy for sharing some of his with us today.
Sprott Money Link: https://www.sprottmoney.com/blog/may-13-2016.html?mw_aref=f4acdd227eeba8...