Russia Sanctions Hit Physical Gold And Silver Supply

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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Due primarily to the California Gold Rush, San Francisco’s population exploded from 1,000 to 100,000 in only two years.
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