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Thoughtful Money with Adam Taggart

Gold & Silver Have "Stratospheric Upside" | Andy Schectman live Q&A

Apr 16, 2025
Andy Schectman, a precious metals expert, offers insightful updates on the current gold and silver markets. He discusses a recent surge in gold prices, driven by central bank actions and growing investor interest. Schectman highlights the pivotal role of silver in military tech and its potential upside. The conversation also explores innovative ways to invest in gold, like fractional ownership through apps. He emphasizes the importance of understanding market dynamics and securing wealth through precious metals, while advocating for integrity in financial guidance.
01:07:46

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Gold is on an upward trajectory, driven by central banks reclassifying it as a tier one asset and rising demand.
  • Physical bullion deliveries indicate strong market interest, despite recent logistical challenges causing stress reminiscent of a market default.

Deep dives

Gold's Rapid Ascent

Gold has recently reached new historical highs, with its price nearing $3,300 per ounce. Analysts and experts note that while the speed of this increase may have been unexpected, the long-term fundamentals suggest a continuous upward trajectory for gold. Factors such as central banks reclassifying gold as a tier one reserve asset and increasing global demand contribute significantly to this bullish outlook. Additionally, predictions indicate that gold could potentially reach as much as $4,500 an ounce by the end of the year if certain economic conditions arise.

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