BIS cave to Russia’s gold-buying pressure [Video]

Source: https://www.fxstreet.com/analysis/bis-cave-to-russias-gold-buying-pressure-video-202106041427
Published: Jun 7, 2021
Author: staff
Post Date: 2021-06-07 17:29:45 by Horse
Views: 50

This week, Andrew Maguire reveals that Russia is joining China in building huge, undisclosed physical gold reserves. The precious metals expert explains the resulting pressure piled on the BIS and the significant threat posed to dollar hegemony.

As Basel III draws ever closer, Andrew Maguire reveals the BIS is ramping up competitive gold buying ahead of the June 28th implementation date.

A week on, the long-time wholesaler reviews last Friday’s BIS Options Expiry, where the gold price reacted exactly as forecasted in the previous episode.


Poster Comment:

BIS might give the world a 30 to 90 delay in implementing Basil III so Big Players can unwind their shorts.

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