Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Ep 84: Live From The Vault - Here's Why You Shouldn't Invest in ETFs

Ep 84: Live From The Vault - Here's Why You Shouldn't Invest in ETFs

FromKinesis Money


Ep 84: Live From The Vault - Here's Why You Shouldn't Invest in ETFs

FromKinesis Money

ratings:
Length:
47 minutes
Released:
Jul 29, 2022
Format:
Podcast episode

Description

In this week’s Live from the Vault, Andrew Maguire explores the dubious practices in the ETF market, shedding light on the widespread integrity breaches and rehypothecation of the largely undeliverable, double-counted gold bullion. The London wholesaler thoroughly explains how misled ETF investors expose themselves to the tremendous counterparty risk while unknowingly empowering the physical gold price suppression.Timestamps00:00 Start01:40 Picking up the last week’s thread. Summing up the short-term action10:50 COMEX-driven backwardation has led to them exposed by EFPs to delivery outflows 17:50 Questioning the integrity of the ETF gold and silver investment26:30 Major ETF embarrassment on CNBC camera37:45 Taking a closer look at the silver ETF (SLV)39:30 Ukraine selling its physical gold holdings42:05 Basel III - Banks holding counterparty risk forced to comply with NSFR standardsExplore the Kinesis website: https://kinesis.money/investor/Twitter: https://twitter.com/KinesisMonetaryFacebook: https://www.facebook.com/kinesismoney/Telegram: https://t.me/kinesismoneyReddit: https://www.reddit.com/r/Kinesis_money/The opinions expressed in this video of Andrew Maguire and any guest, do not purport to reflect the official policy or position of Kinesis.
Released:
Jul 29, 2022
Format:
Podcast episode

Titles in the series (100)

Kinesis is a revolutionary monetary system, based 1:1 on allocated gold and silver that provides users with a stable store of value, that rewards you every month.Send digital gold and silver globally in the blink of an eye. Spend globally via the Kinesis Debit Card. Be rewarded monthly, in digital gold and silver for your participation.