
Shaun Newman Podcast #984 - Nick Morianos
Jan 15, 2026
Join Nick Morianos, Managing Partner at Silver Gold Bull, as he unpacks the current state of the precious metals market. He shares insights on the tightening gold/silver ratio and the impact of recent supply strains. Discover practical tips for first-time buyers and the benefits of starting with fractional gold options. Nick also explains how Canadians can hold physical metals in registered accounts like RRSPs and TFSAs. Get ready to learn about the logistics of silver versus gold and the psychology behind making your first purchase!
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Physical Market Strain And Forward Buying
- The physical bullion market is strained because supply chains and financing weren't built for sudden, high prices.
- Nick says companies are forward-buying months ahead to cover demand and inventory shortfalls.
Why Silver Bottlenecks Are Worse
- Silver is logistically harder and more volumetric than gold, causing bigger settlement problems.
- Nick explains paper silver contracts far outnumber physical ounces, amplifying bottlenecks during demand spikes.
Choose Allocated Segregated Storage
- Use allocated, segregated storage so your metal is titled to you and kept separate from others'.
- Prefer local vaults like Brinks or SGB for faster access and direct insurance payout to your name.


