Russia Sanctions Hit Physical Gold And Silver Supply

March 12, 2022

In this week’s Live from the Vault, Andrew Maguire unpacks the geopolitical after-effects of sanctions against the Russian Central Bank, and the resulting global shortfall in physical gold and silver supply. The lifelong wholesaler goes into granular detail on the growing discordance between physical silver and paper SLV positions, delineating a massive arbitrage opportunity that has emerged in the market.

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The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.
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