Dollar Demand CRUSHED As Gold Secretly Disappears From LBMA | Andy Schectman
Dollar Demand CRUSHED As Gold Secretly Disappears From LBMA | Andy Schectman
5-27-2026
Kaiser Johnson speaks with Miles Franklin CEO Andy Schectman about the growing mystery surrounding unreported gold movements out of the LBMA system and where that physical metal is ultimately going.
Schectman argues that official narratives do not fully account for discrepancies between reported inventories and trade flows, suggesting significant volumes of gold are being redirected into non Western vaulting and exchange systems.
He points to expanding gold hubs in regions such as the Middle East and Asia, where new exchanges and settlement mechanisms are increasingly built around physical delivery rather than paper claims.
The discussion also examines how central bank accumulation and sovereign demand are reshaping global liquidity in gold markets, reducing visible Western inventory availability.
Schectman concludes that these shifts may reflect a broader structural transition in global monetary architecture, with physical gold moving into strategic reserves outside traditional Western oversight.
INTERVIEW TIMELINE:
0:00 Intro
2:30 Gold update
17:00 Dollar dominance
32:00 Ignoring the noise