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In this week’s Live from the Vault, Andrew Maguire is joined by Alasdair Macleod to reveal how silver is quietly moved through private channels - largely controlled by China - keeping real supply and demand hidden from the open market. As silver approaches a critical price point, two old friends explain how major market players may soon lose their grip, opening the door for a sharp rise in silver and a fresh wave of interest in precious metals, unwinding decades of price control. Check out Alasdair: https://alasdairmacleod.substack.com/ _______________________________________________________________ Timestamps: 00:00 Start 02:20 Andrew introduces Alasdair Macleod 03:55 Silver breaks out as warehouse stocks reach critical lows 10:55 EFP values distorted; China continues strategic silver stockpiling 18:50 Major Asian buyers quietly acquiring precious metals by the billion 27:25 Echoes of the 1970s: Historic parallels in gold accumulation 32:25 BRICS currency risks and the rise of an East Asian supergroup 37:05 What the whales and central banks are really doing behind the scenes 43:30 How central bank leasing and double-counting threaten a crisis 47:15 The Fed’s covert borrowing of gold from the BIS 51:40 Alasdair’s journey: Decades of decoding precious metals market behaviour _______________________________________________________________ Ask your questions for Andy here: https://forum.kinesis.money/forums/qu... Sign up for Kinesis on desktop: https://kinesis.money/kinesis-preciou... Download the Kinesis Mobile app - available App Store and Google Play: Apple: https://kms.kinesis.money/signup Google: https://play.google.com/store/apps/de... Also, don’t forget to check out our social channels where you can stay up to date with all the latest news and developments from the team. X: / kinesismonetary Facebook: / kinesismoney Instagram: / kinesismoney Telegram: https://t.me/kinesismoney TikTok: / kinesismoney The opinions expressed in this video by Andrew Maguire and any guest are solely their own and do not reflect the official policy, position, or views of Kinesis. The information provided is for general informational purposes only and does not constitute investment advice, financial advice, or any other type of professional advice. Viewers are encouraged to seek independent financial advice tailored to their individual circumstances before making any decisions related to the gold market or other investments. Kinesis does not accept any responsibility or liability for actions taken based on the content of this video.