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Andrew Maguire: The Lull Before a Gold & Silver Tsunami - LFTV Ep 295
Kinesis Money · 22 Oct 2026 · Watch video
Silver: bullishGold: bullishCentral banksChina and AsiaDebt and deficitsPhysical marketMarket manipulation
- Maguire expects a large precious-metals rally into the fourth quarter, with gold potentially breaking above $4,252 and silver leading the move.
- He argues that concentrated, leveraged COMEX trading has exaggerated recent declines while physical buyers, central banks and ETFs have continued accumulating bullion.
- Maguire says gold’s traditional negative relationship with real yields and the dollar is weakening as investors focus more on sovereign debt, refinancing risks and currency debasement.
- He describes silver as deeply oversold, citing physical tightness, support near $62 and potential futures buying if prices move above $65.
- He says short sellers now dominate positioning, leaving them vulnerable to margin calls and a sharp covering rally if gold and silver rise.
- Maguire links renewed Chinese buying after the Golden Week holiday with stronger physical demand and pressure on paper-market short positions.
- He expects Hong Kong’s planned first-quarter 2027 physically deliverable gold infrastructure to attract advance positioning and shift more price discovery toward Asia.
- He argues that rising central-bank demand and migration from unallocated claims toward deliverable bullion could expose weaknesses in London and COMEX pricing.
No price target given in this interview.
